If anyone cares to answer this, I don't get how/why shareholders and their risk capital are tethered to this particular symbol...that is really all it is. Most shareholders presumably bought into GHDC for the sister play (perceived by some as better) on the War Eagle Mountain. No need for me to recount how that has turned out so far.

Now the same shareholders who were originally invested for the gold play are now invested in the GHDC symbol for a Nicaraguan casino equipment business. Why? To me it doesn't sound like a tantalizing scheme to invest in, but that's just me. It seems to me (albeit removed), that shareholders are invested in GHDC more out of the familiarity with the story/players regardless of how the company morphs and metastasizes, and they are not really invested in the illusory fundamentals of this casino equipment business that people often speak of. If someone came onto this board and said "I have a new stock opportunity to invest into Nicaraguan casino equipment" or if you found that kind of "opportunity" in the market by your own research, would you really be buying into the company? I would understand sticking with the company if they shifted from WEM to investing into a new gold property if that property appeared to be an interesting opportunity. But when did everyone shift from junior gold speculators into casino equipment investors? This doesn't make sense to me from an investment standpoint. Why would someone average down on that? Personally I'd rather average down in a different company.

What happens if in a year from now the company says "We've got a great new opportunity to invest in left-handed smoke shifters in the Arctic Circle"? Do you continue to follow PQ (or whatever new management team gets inserted), or the company, or rather just the GHDC symbol down that rabbit hole too? Why not go out into the market and find a new opportunity in the gold sector?

Seinfeld makes the joke that when fans root for a baseball team, they are really only rooting for the jerseys because the players change every year. It's a funny observation and unfortunately I see the parallels here.