This Management Tean and those like Gammon seem to lie to investors with impunity...Since Canadian Govt wont enforce their security laws....Only a fool continues to invest in Canadian based outfits...Does anyone go to jail in Canada for defrauding investors?..Ever?...This situation is the norm for Canada...Not the exception
If there was any hope of a buyer, if there was even a hint of someone willing to ignore the "Tombstone" chart pattern pointing to under $2, the stock would not habitually populate the 10% down list. The lack of truthful disclosure just makes this more of a bad investment and less attractive to investors.
Sell, sell, sell!!!! this last ditch attempt to shore up price thru public gossip instead of honest disclosure, this is what makes canadian and mexican stocks manipulated, outright jokes. My guess is a press release about a spill, cave in, delay, cost over run, etc., will come out and harpoon this down into the pennies.