Originally Posted by
Baa_Baa
Look PIB, you can defend this all you want, but there are people here who are very experienced in investing in precious metals mining, and some who have been around this company for over 20 years and it's all come to nothing, so far.
In fact it has been a very unrewarding experience. Sure, we have new bosses and that's encouraging. This time might be different but semantics won't change that this company is running out of capital and still needs to arouse its investors by 'proving' it has gold, and again they need more money to do that. To prove it.
That's what some investors, maybe the big money, will want, not probable, not inferred, or any other such nebulous description for 'we don't really know, but we need money to prove it to you'. If you want to put up a stake to help them 'prove it', good on you.
I don't, it's been too long and too uncomfortable to 'invest' any more $ in this. We have absolutely nothing more now, than we have had for many years, to give any confidence that this company has gold, can dig it up, can process it, or get it to market. Nothing. Think about it. Nothing. Just a new management. Is that enough?