Investors: Investors probably do want to quickly exit because they are gambling and making a quick and rash decision to invest without any prior thought other than trying to make a quick buck, these usually tend to be the small time investors and because there hearts have been pounding so fast they are trying to fluke an exit... well let me tell you that you will make your money back because the potential success of this project is very likely based on the facts and not taking into consideration the specs. Those wise ones will still stand by there guns and ride the waves straight to a private beach and yatch - the grades of gold may not be high eventhough ed seems to thinks so, the strong potential volume is great. People say that these cowboys dont know what they are doing (mainly when the share price % change indicator shows minus) these kind of people are fools with no attention to facts and figures of the company and the land they operate on. In my view any company that protects its treasury and issues shares for equity instead is a smart company... the deal made with georaid was a bargain... it would have always been the best way for georaid to team up with someone with money with a small profit rather than letting the big boys wipe them clean out and leaving them with no profit, they needed tools, resources, knowledge, a network and hence why we entered into this with georaid at a sweet sweet price with a 80% stake (providing we spend another 1.3 million on the project) The opportunities here are endless... when we start to spend out of the treasury only then brace yourself for a fall.
Next RNS: I hope that we will get a RNS anytime soon (next 2-3 weeks). The weather is starting to get really cold and wet in this region with some snowfall forecasted for next Tuesday... this will probably be very light snow showers (early winter sign) and with temps said to be at 9 degrees very much doubt if snow does crash the party, it wont settle so access to the site should not be a concern.
GOLD Price: Gold, just like oil and gas, is a very speculative stock. Once news leaks of countries trying to fill there gold treasury for currency value, other countries tend to follow. Gold prices are on the slow rise so whoever is telling you they are dropping is obviously blagging, likes of Russia and India being two of the greediest (or as some may wish to refer to it as... smartest)
Mate, when you have time listen the Media interview released few minutes ago.
* blackgold: I'm sorry was my misunderstood Mate, as they said:
The drilling programme is planned to continue for at least another two weeks while the current benign weather conditions permit. We look forward to further positive developments as we test the continuity and boundaries of the Mutsk discovery, and strive to deliver value for shareholders. "
It's drilling programme will continue NOT another RNS sorry Mate.
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