You are smoking something very strong or sniffing glue. This dog will not see $1.50 again. Stick a fork in it this stock is finished.
Wake up man. This turkey will be in the corporate junk yard in due time. Nobody wants this company at any price.
If you own this garbage you are best off to take $1.00 a share and consider yourself lucky. Manage screwed stockholders when they split the company and put a high value on this pos and priced the other company at $.20 a share and that miner has long been taken over for much more than $.20 a share. XRA will struggle a little longer and then go into bankruptcy,
Sure they would. This dog is going nowhere and may not even be around in a year from now. No mining companies will touch this company with a ten foot pole.
Hedge funds have no desire to but gold now. Here you have gold in a bear market with much more selling coming in the future it is far too early to pick up gold shares. These shares are not cheap yet.
I think you mean 1000. There is nothing to send gold to 2000.
Where is XRA going to be when gold hits $1200 and copper at $2.00? You need to stop living in disneyland and look at what is really taking place. Inflation is going on now and gold is not the least bit concerned. Please do not think inflation will do much for the gold price. That is your first mistake.
Dude, I am not a manipulator. Who needs to manipulate a stock that is getting ready to fall below a dollar a share. I think in the future it could fall to $.20 a share. Gold is not holding up well for the time being and could go much lower and copper will likely do the same. I only own a few shares of this dog as I sold most of what I own a long time ago, realizing that it was a dead end stock. They have no way out but to go under at some point. It is clear and simple.
Once again you do not have the first or second clue as to what you are saying. I have only a few shares and I will hold them until they put the lights out and that should not be too long now. Although they do have $50 million and since they are for the most part at a dead end they are not spending too much. Just paying those fat salaries. I should think that maybe some other miner will offer $.75 a share for the company and take it out of its misery before it is over.
You say you did not pay much attention to this stock at the time. It becomes clear to me that you have failed even now to pay any attention to this dog. You seem to be missing alot. Okay, perhaps there will not be a law suit, but there should be. This stock is a scam and has been for some time. You just keep on waiting for this stock to do anything good or to be taken over. It is not going to happen. It is a dead end stock. It is junk yard bound. All I was saying is there are very decent managers of very decent corporations whereby you can actually be glad they are receiving a good salary. They are performing. In the case of this stock it is a downright shame they are receiving any salary. I guess if they managed to find some water that might make them worth a little. Otherwise they are fooling a lot of stockholders and it appears you are one of them.
Lets take a look at what you are saying. Yes management of any corporation gets paid. However I can accept paying a good salary to the manager of Microsoft, or some other very profit motivated companies that are growing earnings. I am not as excited paying management of a dead end company such as this company.
Please do not mention their handling of Extore. I think eventually because of the game they played with that stock the company may be open for a class action law suit. If you recall they spun that miner off and priced at about $.20 a share and priced Exeter at around $7.00 a share.( I do not know at the moment what the exact numbers were, but I have it filed away and I think my numbers are close). As it turns out Extore was taken over at $4.00 a share and Exeter is trash and will remain so. Management knew what they were doing when they pulled that trick and shareholders really got hurt. If shareholders knew what management knew they would have unloaded their expensive Exeter shares and loaded up on Extore for mere pennies.
I think it is foolish to think that management does not want to sell this dog. Management has practically begged for a buyer and they probably can not give it away. You try holding your breath until there is another miner that is interested. You will wait a long time. Just remember they only have cash until the executives within the company managed to eat it up. There is no way they will be able to go to market for more. When this pot is empty they will put the lights out. I think will take it easy using up this cash. They are spending a small amount trying to find some water but other than that most of the cash is going to pay salaries. They know the good times can not last forever.
You have to remember that the company does indeed have around $50 million. Now less face it that is nothing when it comes to bring this company to production. However that is a lot of money to be paid out to executives of this company for an extended period of time. Either way they get paid , so why would they care. I think they knew a long time ago that this miner is going to end up at a dead end. They can not seem to get any other miner interested in it. Darn the can not even find the necessary water they need for any chance of mining. Stockholders are caught between a rock and a hard spot and will either sell out or ride it down.
Obviously you do not know much if anything. Tell me how do you know I have been hurt. Perhaps I do not even own this junk. Perhaps I sold my shares long ago when I detected there is nothing here. Wake up fella. It could be later than you think.