This company IMO is at best, a bad joke! It suffers from “Bernanke Blight”, creating more and more shares, diluting value to keep the charade continuing. There is more ‘paper’ generated from this mining venture than gold. For assets that purportedly contain gold, share- holders have seen nothing in return. In fact they have seen their investments diluted by the rabid increased in share numbers supported by minimal gold production. At a time when the gold price is high (despite being suppressed by manipulation), the value in this stock continues to free- fall.
This appears to be little more than a pipe dream or funding junket for a select few content to milk it for all its worth. The totally lopsided shareholding by a select few needs to be addressed by authorities. Shareholders have absolutely no say in how this company operates. We are no better off than sheep being led to slaughter.
For a company that initially showed so much promise, I have to admit it has become a bitter disappointment.
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what a joke!
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