Fail to see the problem with alerting the competition. We need to get noticed and to draw new investors.
The first one producing doesn't win.
The one that takes the most gold out of the ground the fastest AND cheapest is the winner.
Major Mining Companies are looking for aquisition targets as their reserves are depleting.
Companies that are actually producing with a reasonable share count such as ours need exposure not secrets.
Exposure and Revenues will get us to higher exchanges, will decrease dilution for raising finances, will gain a larger portion of Junior Mining Investors, may and will return value to their shareholders.
Secrets and silence will drive stock price lower which will require substantially more dilution to raise finances, will generate shareholder mistrust, will prevent finding Junior Mining Investors and will undermine stock value no matter how successful the company is.
Silence is not Golden here IMHO our current share price is a testimony to that.
It sounds like the company has come to realize that.
We are coming into an extremely positive and productive cycle that needs to be promoted.
Stocks need promotion not silence.
It appears the company has taken steps to improve communications with shareholders but it needs to take major steps to increase communication to Junior Mining Investors and the Investment Community.
There are many companies trading far higher with no Revenues and are still years away from production.
Competition does not apply in the mining business except as possible take overs, buy outs or Mergers. You could even throw in a bit of claim jumping.
The cost of exploration, development, permitting, engineering, enviromental concerns, funraising, equipment purchasing and manufacturing equipment and mills is incredable.
We are so much further ahead than many of the emerging Juniors.
We are already in the Production and Revenue Phase.
Sierra leone has been unstable in the past but that appears to have changed.
The mining costs for labour at the very least is extremely cheap when compared to other parts of the world which increases Net Profits.
The country is also working hard to develop its resources and Doug has been brilliantly fostering governmental and local ( chiefdoms ) support.
We are miles ahead of any competition in Sierra Leone and the only comparable company is HMIT.
Their dredging operations are probably still a couple of months away.
One thing is certain, the market will absorb everything that is produced by anyone.
That is the main reason competition is really not a factor IMHO.
eye
News 
Market Data 
Discover 
AI
