The company has not released any drill results since April. Furthermore when holes are drilled it must be the slowest company to release it to the market. BOD need to realise that they are an exploration company that has to sell itself to get generate more funds to explore. Suggestion... If you need to raise funds, plan it so you have something new to go to the market with.
Don't do it on 18 month low and at half of the last raising price so existing shareholders get their legs cut out. On the back of the same stories used last time.
Geos are necessary however some market sense is also required. BOD don't have enough skin in the game and hence they are taking it too easy in my opinion as its no skin off tgeir nose scenario.
This company would do with corporate help... rant over and out.
IVR Price at posting:
2.2¢ Sentiment: Sell Disclosure: Held
