Remember that these reports are only till Sept 30th data. So most of the work (if any) has long since been done. And yes, its sad to see higher management/IR and other admin type expenses far exceeding any real work like DRILLING!

If this company wants to earn any respect it should declare a cash dividend and give back as much of the monies and misleading investments to the rightful owners. No not management, I mean the shareholders.

I would guess a $.25 dividend would clean house and get this company back to what it should be doing. But then thats not in Managements interest is it.

A real sorry shame. But not a surprise. IMO