Well this stock has had a change of name, management and...

Well this stock has had a change of name, management and direction 3 times previously so don't discount another one...IMO it's going down further, probably around 2-3c so you have 2 options...Sell and run away then avoid this stock with a barge pole or wait it out to see if you get a new project and management because this ruby project is finished... For those waiting for a 2nd auction, I don't think it will happen... They have already spent more on this project than what is left in their bank account at the moment for 400k carats of low quality rubies...Unless they hit amazing stones in the next couple of months, they will have to raise more cash and they will find this extremely difficult after what has transpired...