Yeah but don't forget the reason why we were at 4.25 was because
- Gold was stupid high (nearing 2000)
- Management made all sorts of promises they could never live up to, was just a matter of time for it to crash as it did.
- Resource count wasn't counted in a proper way making the illusion that our numbers was much higher then they are
- incompetent management.
Now it was inevitable that we crash, the only reason we didn't go under is that Ian has done good job in many areas. Is he perfect, no, but at least better then anything we had as CEO and I think time will him become a better CEO. His only real area he is failing is head grade. This company really needs to have a head grade above 6 gpt to be successful. 5 gpt will keep them at bay. Anything under 5 just isn't good enough.
So If Ian can get them to 6+ and keep costs down and Gold stays above 1300$ this stock will be back $1-2.
If we stay at 5 gpt, we will never break $1 and be lucky to break 50 cents.
but anything under 5, back to 10 cents we go.
lets hope Ian knows what he's doing.