This is a great company – an exploring company turned developer turned producer – how many companies can we say that about – 1%?
Matt Wilcox is a relatively wealthy man with a lovely house in Perth and he's not doing this because he can't think of anything else to do – with his track record and background, we are indeed blessed.
The hire of the new COO hire is outstanding as well and hopefully relieves Matt of a lot of the minutiae.
Everything is in place except shareholders with balls, who see the opportunity and step up and buy a zillion shares, blow the shorts out of the water and rerate the company.
Where are those people? Nowhere!
Everybody wants to buy at the top and sell at the low – what's new, compadres ?!
The most pathetic investment group in the market are so-called hedge funds who just want to do gizmo investing – short the common, buy the preferred, option straddles, butterfly spreads, sell the bonds, write calls on the bonds – pant pant, see if you can take two or three cents out of the market -all just bullshit, which is why 95% of them don't work out
But there are bright people out there - admittedly not many - this stock just has to find one - or more.