I have not always agreed with the way management has gone about running this show, but i do know they are very connected and have made things happen. My prime complaint has always been the poor promotion of the stock, and to be honest, it is the worst hype i have ever seen on a junior resource. Everything from bad press releases to releasing news on friday afternoon, to boring presentations...... i could go on. The fact is this stock will be played out like every of dundee deal has been done. Get the management, get the projects, get the financing, run the project, then present the stock. few juniors could have put this team together, and got such financing, thus a clue to the connections. As for doing what they say, its late but always on the money, and they have always delivered. The gold spinoff is delayed to cut a deal with an operating junior as mentioned before.
It has been a long road, and i think you will see most things fall into place over the next short while. If you want a larger position but don't trust the story, wait until news comes out. Sometimes its a good idea to pay a little more for a moving stock, but you better keep a keen eye, as in the past, this stock tends to move fast on the way up...and down. |
