John, I agree with you 100% with regards to releasing the news as soon as it comes out. Houses such as Midland only have so many shares they can sell, and then when they run out this thing will finally move. The more news we release, the more volume this stock will generate to get rid of these people. I have been told by someone from Midland, that they have been told to sell most mining stocks, and ANYTHING to do with Indonesia. They are absically writing the stocks off and DONT care what they get for them. I was very impressed yesterday to see this stock take Midland dumping over 215000 shares and only fall 2 cents. All of the right buyers came in to buy. That is impressive. If we keep releasing news, regardless of market reaction, there will be a point where some people are going to say "enough is enough" and buy this stock through the roof. Remember, Midland and others who are selling, dont have the info that some on this thread do and they are simply writing stocks off. With regards to B.C., I think that they are calculating a resource estimate, and 1998 drilling targets, all to be released at once, no holes. I agree with this aproach for both properties. Holes truely mean nothing, because it seems that everyone has good holes. Resource estimates, confirmed by Strathcona are the only thing that means anyhting. And to get a real market reaction on this thing, a COST OF PRODUCTION figure is also needed.
Anyone, have any ideas about the BORATE deal, or when production figures are going to be worked out?
Mike |
