To be fair,
These guys gave all the signs of being hand-on in-th-field types...that was certainly the flavour of the image they portrayed during the pump.
They had good prospects, surprising new discoveries, existing resources, and they were/are in the right place...so for all intents and purposes, they looked to be doing it right.
The market is generally prepared to pay a premium on such stocks...especially when they have what appears to be a reasonable chance of making a decent find.
As a result, the market bought them up...no doubtr with the help of the placement receipients and obvious attraction this generated for the DT fraternatity.
But then, the Company just sat back and let the momentum slide...and slide...no excuse!
I still like their prospects, but not so sure they are as eager to energise the stock the for long-term shareholders as they are for the short-term money offered by SI's to pay their wages.
Cheers!
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