i bought some recently purely on the basis that it is heavily sold and perhaps oversold..
pyramid, red bore, curara wells, ngalia basin,
they have not delivered the results i agree, but there are some highly prospective regions with many drill results pending and assays outstanding..
sure it will take something really good to fire investor appetite for such a sold off stock, but value is there..
Management have a bit to answer for as far as the languishing share price but reading the reports and adresses from quarterly's and annuals, they seem to have been more unlucky than incompetant...
Lets hope they can turn things around in 2012
DYOR
THX Price at posting:
12.8¢ Sentiment: LT Buy Disclosure: Held
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