We are supposed to provide one another with our own observations and assesments of our companies situation, in order to help each other. I suppose there could be missinformation passed to "fool" people and to take advantage.
I will probably be accused of this shortly.
That said.......why would you add any shares, regardless of price? Why are you trying to find the bottom?
We have less than 1.3 $ million in the bank.
We have no drill program pending.
We have no assay's to report.
We have a RE that is way overdue and that has missed multiple deadlines. (late news is rarely good news)
We MUST do a pp shortly and we will be hammered to hell to get a low entry point for that financing.
The company pissed off many of it's large warrantholders who may otherwise have felt an obligation to support the price or pp.
Even when we have positive news the market lends us no credibility.....because we've squandered that.
IMO....I would not buy a single share, no matter how low it goes. IMO I would not sell any as the price is now so low it makes little difference (unless you plan on being part of the PP). IMO if you have a deep need to gamble, at least wait till the knife has fallen off the counter.....landed on the floor.....and been put back in the drawer, before you decide to try to catch it!
In other words.....buy on the reversal and not on the way down.......and take some profits when it does a run!
The markets are fugly and we will get no momentumn support.......stop trying to create that momentumn all by yourself.
Now you can accuse me of fear mongering so I can buy your cheap shares! .....this requires you to believe that the majority of shareholders read this forum and react to what they read. Reality has proven that only a small amount of shareholders even know this forum exists.
Commence with the accusations and flogging........
pc
