I do hold, and a lot more than Rosco. I have held about the same length of time but my average purchase price is ~0.008, so not quite in the same boat. However, Rosco's post is exactly what I think many, including myself, feel like. Its been a long time (and I know many have held much longer!) and every quarterly update is starting to blend together. The progress is immensely slow.
I have been very very positive about this whole operation in the past. At any given slice of time it seems like it could be a really great venture, doing the right things environmentally, etc. But over the long term the positivity has faded. I consider myself a patient person, but this isn't about patience, its about tolerance - the company does keep making promises that are not being fulfilled. Do you recall the hysteria when they sold that 100k of gold years ago now and declared themselves a producer instead of just a prospector? Its that type of message, repeatedly, that has worn us down. "We are there!" when we are not. "This capital raise will see is producing!" when it will not. "The bulk sampling is starting soon" when it isn't. "The pilot plant will be used to generate some revenue"... is it ever going to happen?
I am not pleased with the apparent management of the company, especially in terms of communication.
I am not on the sidelines throwing stones, I am in the game and the stones are falling from the sky onto our heads... and weirdly not everybody seems to notice them.
As said before, there is a lot of potential here. The upside really is potentially very significant, and I am a 'believer' in that sense. I continue to hold. But I feel strongly that shareholder value here has not been maximised, and a different team running the show would have done a better job. Even if/when the upside hits, and the share price increases... I will not be able to shake the feeling that despite the good times, they could have been so much better, and much earlier.