Replies to post #646 on Palayan Resources Inc (PLYN)

[Suvorov]

I have to agree with you on the paucity of new information from the company; without updates they lose momentum and credibility.

On the other hand I've been in the gold exploration business for 30 years and what exploration companies have in cash balance is basically irrelevant.

Exploration companies explore and as such have no revenue; if this was a manufacturing company and they only had $15k in the bank I would run from the stock.

If the share price keeps sagging at these levels or lower I will contact my collegues in the biz and see if we can take a piece of the action or aid on the property itself as the gold intersections are excellent.