I was once told by an old timer in investing:-
"You always get more information out of a private company
than a public company."
After all this time looking at this share price,
regurgitating all the information of the last few
years and the "promise" of a great mid tier gold
company, I gotta say say he is right.
I have two questions:-
1. Why was the last capital raising heavily oversubcribed for?
Is there information that we dont know?
Is there an imminent takeover?
Is there more gold, silver, copper or
some other value not disclosed?
2. Why was this last capital raising not shared with long time holders?
As above information only shared with "sophisticated investors"?
Little NEW information disclosed and long time dragging
shareprice low to discourage new and hopefully old shareholders?
Top 20 dont want to share unless its to there advantage?
How can we have faith in a company that is nearly a year and a half LATE with the DFS!!
Just a few thoughts while studying this company and hopefully one day the truth will come out regarding
the way this company has been trading and treating there
shareholders out of the Top 20.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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