While many may label me as over positive and even a pumper, that positivity is almost completely based on the known assets that the company holds and the potential of what could be.
I do trust the BofD to be shrewd, that does not completely translate into complete trust. I do learn lessons from Aurelian even though I was a spectator and not a participant there.
Where my most disappointment comes from is not from the company or it's management but from retail investors. If institutional investors can see the glitter in this company then why do not enough of retailers. Retail should make up the majority of share holders.
The share price is shamefully low, so I do blame potential investors who can not see what is and what is possible, irrespective of whether the management keeps us informed or not ( Yes I do hold that against them.). What is there IS there and will not vanish.
As for the sp, while I suspect higher powers are working to keep it down I also think that the folks who did that PP at 1.82 are selling those shares to recover capital to invest elsewhere. They hoped to have a healthy profit by now, not getting it they are also impatient to sell.
Some one here said that the flow through shares are break even near $1.23?, maybe for him . It is quite reasonable that the typical investor is in the 40% tax bracket and 40%=$0.73 brings that 1.82 to 1.09.
Surprise, surprise, our share price has been largely hovering around that level.
Ever hopefull, Ed.