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re: from sth africa The management is running very low on...

  1. 207 Posts.
    re: from sth africa The management is running very low on credibility right now. You should ask them why nothing has been said about the gold production that supposedly started back in June and why nothing has been mentioned about the gold pour and grades since the June 14 announcement.

    The stock price is not likely to go anywhere for a long time as a result of the number of shares issued for the placement, release of escrow stock, and the options exercise.
    An AIM listing would mean another placement, probably at a deep discount to the stock price and most likely given to parties close to the directors.
    Any decent strength in the stock price is met with a wave of selling time and time again and likely to continue.
    I hope my views are wrong but I think this one is to be avoided right now.

 
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