But unfortunately feel my original investment has been nothing more than me paying BOD wages. Had high hopes for this share and left £12k in here, nothing more than a night out left. Won't sell out of princeble would rather loose the last few hundred than some mirical happen and it returns back to the highs - after all stranger things have happened GLA Hold rating - still hoping some might say dreaming !!!
Disappointing that the rising gold price is not reflected in any shape or form in our sp. Back in 2010, bull run era, it was a different story. Even dormant assets had a market value attached to them, reflected in the sp. We have been waiting patiently for the cycle to change for the better again, but unfortunately we've also been hit with mass dilution over the last five years plus. We now currently have two gold projects doing very little, so maybe we could do for the gold price to continue rising, to finally tempt buyers in to take Deli off our hands, considering we haven't the expertise within ORE to go further with it. In fact, it appears that Mutsk is also proving a difficulty for our existing team, considering the lack of progress or stated progress with the 3D model.
Perhaps we could simply employ a salesman worth their salt, to organise disposal of the assets to those better placed to take the projects on. At least we shareholders here may then see a partial return on our investments.
Good luck to us, as we continue to wait for some form of value to be shown via sp. It won't be before time.
If we had achieved a JORC asset in the last 5 years then price of gold would matter. New asset depending on amount of drilling and excavation already completed. But from what they have published +2 years away. Mutsk who knows how far away they are. They have promised a 3D model 5 months ago and have not delivered. The promised a mineral and resource definition statement a year ago and have not delivered. So far this year no plans to progress the asset and we have just lost a months drilling time. Though potentially the high gold price might temp a buyer for Deli. ......
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