The whole situation smells similar to anoother company -PRW.
They were really struggling with shares almost valueless.
They produced a very positive release with shares rising to above 20 cents. When assays were released the shares dropped, however the company was able to raise capital around 10 cents.
Since then the shares have continually decreased to less than a cent. I suppose we could be seeing a simialr story should future drilling intercept disappointing results.
In the early 80's someone said to a group of people or whom I was part of - "Believe nothing of what you are told and half of what you see and you go far" - I always remember this and although been too sceptical of a number of opportunities, sometimes sitting on the sidelines can be a safer bet.
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The whole situation smells similar to anoother company -PRW....
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