Re: AGORACOM No Longer Providing IR Services for Probe Mines
in response to
by
posted on
Nov 18, 2008 12:05PM
Shooter is right. There is nothing wrong with retrenching in an environment of significantly lower precious and base metal prices.
We are fortunate that are burn rate has been reduced by Dave, it keeps us alive that much longer without having to go to the let's make a deal window for additional funding.
I believe sitting on cash will prove to be king for possible opportunities that may come our way or possibly reduced drilling expenses for us n the months ahead as cash may dry up with some of the other ROF players thus effecting demand.
I would like to think that Dave hasn't changed his mind in going ahead with the independent survey of reserves on our royalty section at the Goldex property. I would like to think that royalty payments will support our drilling in the future.
Concerning the pull out from Agoracom.com, it wouldn't surprise me if the readership has taken a heavy hit along with the share prices. For $48,000 estimate, who are we reaching now?
In the current down-time, I think it would be a good idea for the board members to do some research on how we can avoid the investment bankers in the future. Also, it would please me if they contacted Jim Sinclair and became part of the ministry of mines for our future protection from all the shareholders abuses that we have had to eat over the past months from all those low-life investment bankers.
I noticed today a whopper offer for our little market showed up earlier at .095 I think and following one of the investment bankers looks to have sold 98,000 shares in 10 trades to scattered retail buyers.
It might be a good idea for the company to buy-back and retire 1,000,000 shares. It would probably take about $100,000 to accomplish this feat. I would like to see the naked shorts try and get away with not delivering them to the company.
Go for it Dave!!