glimmer of hope

Shanghai Construction says to acquire Eritrea gold mine
SHANGHAI, Dec 27 (Reuters) - A subsidiary of Shanghai Construction Group Co. Ltd. will acquire gold mining assets in Eritrea, according to a company announcement.
Shanghai Construction will acquire a 60 percent equity stake in Zara Mining Share Co. for $80 million, the statement said, citing a framework agreement signed by the two companies.

I still contend the Management should negotiate a JV or a takeover with a Major ,- suitably skilled in creating a Multi million /billion dollar Mining Enterprise . !

The current CR is a dogs breakfast .

What about the naive investors who bought into STB at $2.00+ / $3.00+/$4.00+ ,-based on the Hype from Management . Are they happy to stump up further funds @55cents,-after suffering a capital loss of 55%/70%/78%.

Name me another stock with such "FANTASTIC POTENTIAL "as promoted by STB Directors,- that has fallen by the same percentage ?

"Three "GLOWING" reports from the Management of STB :
plucked from Presentations to "Investors "

POTASH :

“A Significant re-rating is expected as we continue to push closer to Producer Status”

The “WORLDS” Most Strategic “Greenfields” Potash Resource

NICKEL:

“The most “Promising and Exciting Greenfields Nickel Project in Australia”. Terry Grammer.

I rest My Case .