Tuesday, October 14, 2008 3:46:34 PM
If that is all they would report I would agree it isn't worth it.
If they included however an update on the equipment in customs and perhaps news of additional equipment purchases or even the fact they are pursuing it as well as an estimate of processable reserves they could have built on the momentum that had built.
Unfortunately they already lost that opportunity.
Don't forget Doug has spent 5 years forming relations with government officials and the local chiefdoms. In a country hungry for development with those connections there should not be a lengthy timeframe to clear customs.
They will have to build momentum once again to get us heading higher which can only be regenerated with positive news and updates.
This stock does have a tendacy to trade up or strenghten a little at or near the close as of lates almost as if in anticipation of good news yet to come.
eye
If they included however an update on the equipment in customs and perhaps news of additional equipment purchases or even the fact they are pursuing it as well as an estimate of processable reserves they could have built on the momentum that had built.
Unfortunately they already lost that opportunity.
Don't forget Doug has spent 5 years forming relations with government officials and the local chiefdoms. In a country hungry for development with those connections there should not be a lengthy timeframe to clear customs.
They will have to build momentum once again to get us heading higher which can only be regenerated with positive news and updates.
This stock does have a tendacy to trade up or strenghten a little at or near the close as of lates almost as if in anticipation of good news yet to come.
eye
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