Well done Whipped Cream for being an optimist, and relying on some investment research. All the pessimists and naysayers only have downside in this stock, because if the management pull this off they will be seem for their lack of any decent investigation and making quite derogatory comments on such a simplistic view, and if it goes under nobody will care in 3 months time.I can only assume they must not believe in anything the current management are saying--- as the last quarterly, explains everything.They appear to be totally emotive and not realistic.
I acknowledge there has been at best some gross over promotion and lack of important disclosures by certain persons , whom have since been moved on, but the current board have been working on finding not $20m , but a significant multiplier above this amount, to get this project moving. An amount not easy given the jurisdiction it is in.But it is a great asset.
Why else would current management keep this company going and torment themselves with perpetuating this continual abuse from countless know it alls-- maybe the reason is they still believe, as I do, they will get the big dollars needed to develop this elephant.I believe when the directors belief stops, then we will see the administrators come in and we can right everything off.Until then- there "is a chance" as Jim Carrie said in Dumb and Dumber.
GLTAH
Time will tell.
