That's what they did in 2003, so the seed shareholders could make a killing. That's what caused the price to rocket to crazy levels so the seed shareholders could sell out at 14 times their money. That's why - since the seed shareholders started selling out at 14 times their money (and are STILL getting 3 times their money!) - it has fallen umpteen percent and looks like a dog, when it should probably have been this price all along. Especially when you allow for the dilution along the way....
Does nobody realise how damaging "PR" is to an exploration/development company? All it does is ramp the stock in a manner which cannot be sustained because the attention span of your average trader is T+15. Unfortunately the timescale required for an exploration company to be successful is more like T+3years.
If CDN start to "work on their PR" in 2006 for no reason other than to puff up the share price to silly artificial levels again I shall bl@@dy well sell.
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