You can hardly swing a dead cat without hitting an armchair quarterback around here. Perhaps it would be more productive and prudent to compose your questions for the conference call and ask management directly and express your concerns directly instead of all the negative speculation. You keep posting all the negative BS day after day and then you wonder why the price keeps dropping. What do you expect?
Don't get me wrong... I'm no happier than any of the rest of you that the share price and market cap are so ridiculously low but at the same time I still credit management with getting the mine up and operational on a miniscule budget and in a very short time frame. If they had done everything by the book according to accepted industry standards the mine opening would have cost many millions more and would have taken an additional 2 or 3 years at a minimum. So now they have to go back and fill in some procedural gaps, but they're taking care of it. So I'm inclined to cut these guys some slack while they work out the bugs.
Then there's the Arabia Mine... nothing but criticism from most on that as well. I guess nobody but me has run the numbers or done any DD on that mine. It's only a billion dollars or more in silver, gold antimony and lead. All the data is there for anyone to see if anyone cares to look. So we have something of considerable value there and it cost a pittance to secure it. The Arabia is a home run and nobody can see it. WTF?
On a final note... our CEO, Don Nicholson has asked for shareholder input prior to a proposed AS increase, and to answer other questions and concerns. In my 20 years of trading penny stocks I have NEVER heard of a CEO doing this. Have any of the rest of you heard of a CEO doing this? The man has no obligation to do so, or to hold a conference call or to address shareholders in any manner whatsoever, and some here are incensed by this?? I just shake my head. Sell the stock and be done with it if you must, but as long as you have a stake here, show the man some respect for his efforts.
