Wednesday, January 19, 2011 4:13:07 PM
I would also be happy with four dredges announced and producing as well as the mobile wash plants, I for one waited along time for.
As far as trying to obtain more equipment they would be far better off to actually Release PR's and promote the company properly in the Junior Mining Community.
In house declarations alone will never prompt this stock to soar.
Past Practices are likely to repeat themselves and if they do they will likely stall any spurious rise in share price.
Dilution and poor performance could drive the stock down quicker than In House FR's can drive the stock up.
That doesn't mean the stock can't rise or even spurt it just means it can drop significantly much easier.
For a stock to rise it needs a driver for it to drop any number of things could prompt the drop.
That is why Shorting has been so effective.
It is far easier for a stock to drop than rise and any one who has studied Pinks and OTC BB stocks would know that.
With only In house declarations even positive drivers are minimized and that is clear to see by the ones issued in the past and the effect they have had on share price.
Proper communication and Promotion through PR's would go a long way in preventing significant drops and would pave the way for the spurious growth you are after.
IMHO they are more important than a fifth or sixth dredge when we don't even know if the first four are actually working currently.
The only way for this stock to soar is with wishful thinking or finding either a humongous diamond or solid gold vein.
I wonder if they would PR it though.
eye
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