Agreed YN.

If management has/had a corporate strategy it has failed the shareholders. 
Junior miners buy , explore, drill, and sell. The best ones realize they need cash to keep going and sell for small amounts compared to potential to buy better deposits and get bigger paydays. They don't think of the billion dollar payout as that would mean overextending themselves and risk losing everything.

If it weren't for EE CF would either be a respected jr miner by now with a history of finding and selling deposits or it would be bankrupt. Based on ES track record of delays and lack of openness the latter option seems most likely. 

Just imho.

p.s. If CF sells one property before March of next year for anything close to the figures proposed by others on this board i will apologize to all involved.