laurentf Hugh (the CEO) sent to his mailing liste of investors a well balanced and realistic mail update on Friday evening (see below).
AFAIC, I added to my position on Friday and hope the fall is coming to an end.
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"Revival Gold traded down this week from $0.77/share on last Friday’s close to $0.64/share on this Friday’s close. About 400,000 shares traded on the Venture Exchange and another 460,000 on the OTC US market.
Gold peaked last week and traded down this week, but our peers were only off a median of 5% versus Revival having traded off 17%.
We obviously have some selling in the market. The timing is not ideal as we round the corner on our Resource Update and PFS (expected mid-year) and consider plans for ongoing exploration and development.
We have some room to adapt though.
To be sure, everything is progressing well operationally. I remain highly optimistic about the gold space and the opportunity for investors in development companies and in Revival Gold specifically.
Yes, we have hurdles ahead – as with all gold developers, these include financing and permitting – but we are in a unique position (40% institutional ownership, domestic brownfield site, existing infrastructure, supportive community, phased approach, open deposit with outstanding exploration potential) and trading today at exceptional value.
The potential rewards, in my view, are more than commensurate to the risks. Particularly after this week.
Please feel free to give me a shout anytime if you have any questions or concerns.
Kind regards, Hugh"
Kurst ist von hoch bei 0,82 cad auf 0,40 stark gefallen in ceo.ca beschweren Sie sich über das billige Placement bei 0,52 cad. Stimme zu. Man hätte es auf einen deutlich höheren Niveau machen können.
Jetzt hat man 6,2 Millionen cad eingenommen und hat genug Geld für das Arbeitsprogramm 23.
Management hat ca 6 Millionen Aktien im Bestand wenn ich das richtig überblicke.
In letzter Zeit wurden keine Aktien verkauft sondern nur die Optionen nicht eingelöst.
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