Mr. Smith wrote said " "The current market environment is as bad as we have ever experienced, but the Company is well equipped to survive it, given its asset base and continued support by shareholders"....

Almost as bad as his latest Magpie News release which consisted of 5 sentences and two paragraphs. Shareholders have been waiting nearly a year for this news and all he can come up with is a two paragraph news release with 5 sentences in it? As the guys on Sunday NFL would say "C'mon man"