in the last year this stock has gone down. fact. gold has gone...

in the last year this stock has gone down. fact. gold has gone up. most gold stocks are up. also

4 rigs drilling most of the time, one moderate set of drill results to show which were inconclusive

1 very poorly advised placing pulled leading to a placing at a substantially lower price

placing was before the drilling results, you have to ask why if you owned the stock before hand and got diluted as a result

the project looks if it is proven up to be a relatively low grade large open pit multi metal deposit and therefore not very like lihir island which i believe from memory is refractory, much higher grade and fewer recoverable metals.

questionable show-man as the ceo.....

largest investor sadly got corpsed and has started to sell.

over a year until any JORC resource which could be pushed back if mediocre drill results

no infrastructure whatsoever on the island significantly raises the economics barrier esp. on a lowish grade resource.

as such that is why the stock as basically stagnated since it rerated on the back of a well worded announcement by management which pulled the punters in in droves.