The Elephant in the Room, page-7

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24/07/15

08:33

Post #: 15685974
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Originally posted by DrDann ↑

Quite possible they will pull a rabbit out of a hat. Given the issues with the price of gold and silver and the fact that they are a small zinc explorer, maybe an alliance or some other corporate activity could put a rocket under it. Personally, Ive given up on it for now. They have kept saying the DFS will be released on a certain date and then kicked the can further down the road. To my mind they have done it too many times. Getting an explorer up and running is hard and whilst I had confidence they could do it, I am now much less confident. In my amateur view, they are a much riskier investment with much less upside given the dwindling price of precious metals. I think they could drop a lot further. The next announcement will be pivotal. Best of luck to all holders, but Ive moved my commodities capital to a zinc play.

I am not a financial advisor, just a poor disappointed schmuck who believed the released that the DFS would be out by a certain date.

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You're not the only schmuck mate. I had my doubts when they kept banging out increased JORC numbers, took money for a plant but never built one. Smacks of a drill it and flick it operation to me, but I held on and now regret it. I hope to be proved wrong.

MRP Price at posting: 9.2¢ Sentiment: None Disclosure: Held
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The Elephant in the Room, page-7

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