I would be careful with your accusation there is no gold in the slag.
If in fact there is a major problem with the analysis of the slag, (i.e. nothing of value) I could see it slipping into a criminal nature. The truth is nobody knows if they are lying or not. You only have that one sort of report. Somebody in the Smart Money camp must have been satisfied by some method. Explain that part.....
The actual status of the project I think you can put into some type of assumption. That type of summary is not encouraging if you do it my way using just what is sort of known, what must be done to get to an operational status of some level?
Not pretty, more to my mind like amateur hour, surely not a World class management of anything. Real projects get cranked up and moved. Especially if they are sitting on billions of potential value.
The other thing I would wonder about is have they been put on some type of "Watch List". Before when I owned the stock, the hype was more or less, you can't be out of the stock, trading is dangerous, news will come and put it too the moon. We are so, so close, just one good PR. There was this sort of disconnect between the known fundamentals and the T/A chart.
But now, IMHO the fundamentals can be better known within some limits, the SP movement has sort of tanked, volume way off. What changed from before, fundamentals / T/A are kinda in sync like they should be. There is a form of agreement.
Before apparently the SP was routinely rolled about when the same situation was probably in place. What changed???
Ain't saying I would not try it again, be with less money. Be a straight T/A follow the chart, grab any profit quick. I doubt any great news is coming, especially very quick. In the end just about trying to make a quick buck. With this one believe nothing, take profits as they occur.
