Though the stock price has a downward trend right now, it's really immaterial- up or down. This would only apply to short term investors and day traders.
I am not selling below a buck so I really do not care much. I plan to hold this stock long term.
What I do care about is net revenue and barite reserves. Valentine has proposed a "settlement" offer of $50 mm apparently. Besides him being delusional because there will be NO settlement, he does see tremendous value in the mine. Why else would he be trying so hard to get a piece of it?!
I am anxiously awaiting an updated google earth picture of the site. This should provide confirmation that a tremendous amount of site work was done. I have an extensive background in site work and I believe we will be impressed by the progress.
I would appreciate it if someone could check up on this.