All of these acquisitions are like carrots on sticks...people buy in with great expectations after reading good, promising news...only to the get the stick. Management and insiders always get the carrots first. It's the same way with another gold stock I follow. Very promising, but the CEO billed the company to the tune of $700k in administrative expenses. That's how it works for these small gold companies. The company I allude to has jewelry-grade gold. BONZ has 22k gold. No matter....in both cases the stock price refuses to go up due to the expenses.
In other words, insiders get rich; shareholders tread water and hold bags.
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