With all of the "noise" with the indians and the UN getting involved today, combined with the whole country shutting down for Carnival, I felt that the company would just sit back and wait.
IMO nothing is going to move the SP much until we have a quarterly profit and all the old information on the multitude of services is up dated. Why issue PRs if CNBC,Yahoo,BigCharts, et.al. are still showing FY 2009 data in a lot of their research banks? There are all kinds of reports out there still showing us with smaller reserves and tons of debt.
Inasmuch as the company has made little obvious effort to correct the information that is out there, or even keep the information on their web site current, I doubt that getting information out to the public to promote themselves has much priority.
No doubt there is much news in the pipeline. Some of it may be very good and perhaps some less than we expect. IR has always been a weak sister and low down on the 'to do' scale. The main point for the investor is that the company is on the right track and inexorably moving from a junior producer to mid-tier within 18 months. If you are looking for $7.50 to $10.00 in a couple of years, you really do not care if it is 50% higher or lower at the current values.
I am sure that the large investors know everything they want to know; the retail market is just an after thought, that really has no impact on them since none of them have any intention of selling anything for years. Kind of sucks for the short term traders, but no impact for the LT guys, except more time to buy shares.
AI
