>Has this company increased shareholders value?<
>>They are trying, but you must realize this is not the same economic climate for Jrs. prior to BRE-X.<<
Wayne, from the chart it appears that they've been trying for over 4 years now, and ended up with a 20 cents stock price. Not what I would call success, do you?
Bre-X has little do with stock prices... The main effect of Bre-X is to cause difficulties with some juniors rasing capital. But then, with you fans here, this shouldn't be a problem with Antares.
Bre-X does not cause expoloration companies to drill and come up empty. There's lots of gold left in the world. Whether management knows how to find them, that's another question.
As far as I'm concern, the world is awash with gold. There are hoards of gold with the centrals banks, hoards of gold in India and China, and hoards of gold in Latin America. Gold is now a commodity, it no longer has monetary status. When the use of EURO dollar is going fine, European central banks will unload all the useless glitter to fools who still think gold is a precious metal of value. Now with Asia's economy in the dump, there is no demand for gold at the retail level, compounding the problem. Even if Antares were to discover gold, the metal is useless, and its price will continue to fall. By the time any gold ore found has been processed, there'll be millions more of shares outstanding... sold to gold bugs still living by the old paradigms, clutching on to their worthless shares, comforted by the thought that "management is trying."
>>They all monitor chat groups, especially this one because it is such a significant forum. Did you know that SI holds the number one market position for financial discussion? More than 70% of all financial discussion on the Internet over the last three years was on SI. It is one of the most trafficked Web sites in the personal finance category.<<
Only small and micro-cap companies monitor chat groups. Or companies that are already in trouble who view that one way of trying to get their stock price higher is by persecuting their critics. Blue chip companies like PFE, GE, BELL, banks etc.couldn't care less what you or I say on chat groups. They cater to the big money and influential money managers, analysts, and investment advisors. So don't get your head too big thinking SI forums are the ultimate source for the world to hear what you have to say about Antares. Micro cap companies and juniors monitor chat groups because they're more sensitive to retail investors. The fact that SI may have market share in traffic among all the financial chat groups, doesn't necessarily mean that chat groups are influential on stock prices. If this is all it takes (chat stocks up, or down) then we've found the answer haven't we? IMO, chat groups are great for social and research needs for small investors. But they mean zilch for the big money people. Surely you don't think that the brokerage analysts are monitoring what you're saying on this thread are you?
>>For the business to grow the image has to be positive. Part of the mandate for management is to ensure public information (which will assist with growth) does NOT consist of libelous statements.<<
Is this why you're bolding the text of the sorts of tripe that you pump on this thread regularly? Like, if the image is positive, then, even if no gold, then the stock price should go up? How long have you been putting on the happy face on this stock? Has it helped it go up?
>>The BIG shareholders are holding because they are thinking with their brains.<<
Like watching the stock price fall for 4 years to pennies? Are you sure you've been using the brain, and not some other organ?
|