Chefchenko We are already invested , not about to invest ,and are sitting on substantial losses as a direct result of what i believe could be described as deception , capital was raised through
The 0ld repeatable pirate pilot plant line was a con job tailored and designed so that investors would inject more capital , it was raised with the false belief there would be no future dilution as all future development would come from gold revenue .
Clearly this statement that all future development would come from gold revenue was not true , and I believe there was always the intention of a second capital raising , noted that directors brought shares in the most recent rights issue AND JUST AFTER , at a massive discount but not the previous capital raising ?
This would not be a problem except that we were told all future development would come from gold revenue .
So there are those of us that are still pissed about this ,
read bm3121 post, HE EXPLAINS IT WELL.
This does not mean we want to sell our holding at a loss , or mean we don't think there is upside from this point in time looking forward .
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