Reserves still there - I pulled most off long ago. Still keep some. Have to see what Daems delivers. From resume he is behind the scene money raiser. No relaease -. I assume the Indian money still in waiting for development as it was a downpayment oon the future - not something they expected in -2-3 years. they know what is happening in region. Have you contacted them?
Management needs to give some guidance. I would be coming back in at quite a discount at these rates - but to dedicated those funds - need something besides Norwest report every 1-1 1/2 years. They are in a good position - great assets in gound - not in area challenged - however they need to partner up or sell to someone who would produce.
It is a lotto ticket ( not a pump and dump with phony PRs) . They seem to do no promotion and give shareholders something to hold on to only once a year or so.
A Lotto ticket for sure - because when they do get bought it will be for reserves - and a huge payoff. But how far is this in the future? Management needs to give some guidance as to activites. For me a good amount came off the table because there wer other opertunites that would pay -- right now. Gold and Oil and oil service stocks. If I some some development twords th end and had a time frame for the end - I would put those funds to work again in Strata.
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