Very surprising the SP has reached this low point, following recent drill results which added value and confidence by proving the H is there! Even if we found absolutely nothing I still wouldn't believe this current SP due to the potential and magnitude of our other projects!
Anyway I am just hoping this is a big tree shake of disappointed traders taking a loss and moving onto potentially quickly regain their losses. I am holding firm, would be pointless to sell now as I am almost 50% down.
i would have a lot more confidence if we had more cash in the bank to ride out this period of uncertainty in the market, but options look set to expire at a terrible point and we may be forced into further dilution in a rushed CR unless we pull a rabbit out of the hat with a good deal of some sorts.
Hopefully for all us long term holders the uncertainty turns around and we get a positive announcement regarding Crown and an update on next stage for Gibraltar showing target areas and overall analysis of the soon to be drilling program.
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