InvestorsHub Logo

ratherbefishin

08/20/13 6:46 PM

#21326 RE: mjkiii #21325

I have wracked my brains as to why this company has failed to attract any serious market interest.On the surface,I agree it looks good,which we are told ad nauseum,and have been for years by a series of loyal supporters-they come and they go.Some people claimed the ''big boys hadn't discovered us yet''Many enthusiastic ''positive'' people tried to whip up support but the stock never took off-during the biggest gold boom in history.

Now the bloom is off-the gold sector has fallen out of favour and its going to be an uphill battle to win back people whose dreams of getting rich off this company have faded as the stock lanquishes.Probably not a lot of people are in a profit position at these prices and are reduced to wishful thinking just to get their money back,dreams of buying yachts and exotic vaction homes they were planning on buying[tyical of Vancouver Penny Gold Mining Stock shareholders ] with their profits are on hold and may well be realised

I have no idea when the gold cycle will turn back up-or if we have even bottomed yet[maximum pessimism]All the arguements why gold''has''to go up have been heard before-and the sky didn;t fall,although the price of gold did.

That leaves one unknown ''x'' factor-management.For some reason the market simply doesn't have confidence in them despite all the protestations otherwise-the 3 year chart isn't lying.