Re: I think....
in response to
by
posted on
Jan 13, 2010 10:40PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Well Fantomas....I'm assuming you're referring to my little rant as "whining"...also, your comment that "some people here should read (and think) a lot more before posting:"....maybe you should have thought a bit before posting that comment...
Now...you have some points to make...ok, let's discuss them
1) Windfall --> question; what were the assay results of the area where NOT hit the 52 oz/ton? You want to explain that one? And just for the record, I do own some EAG....but that's besides the point.
2) Drilling --> please explain to us illiterate shareholders the wisdom in not reporting on visual drill holes, and in particular, those which consist of massive sulphides. Why is it that when something material is found, that the drillers, helecopter pilots, other crew memebers, management, directors, and lab workers and their families get to learn about these massive sulphides before the rest of us lowly retail shareholders. And didn't someone here call the company and find out through that conversation that NOT is back to drilling?
3) Assay results --> for this I'll borrow a quotes from your "things to come" post. "The seasonal break allows our field crews the opportunity to recharge and refocus while the assay backlog is eliminated" we are now approaching two weeks past the time for which the assay backlog was to be eliminated.
Now, I certainly understand the prospects here, otherwise I would just sell and move on. My issues are with the way this management team is running things here and how they seem to be benefitting somewhat from a depressed share price. By that, I'm talking stock options and dilution. You want to try to justify the number of options and the timing. Remember the hole 49 so called visual where they told us nothing and then acted as though they let us all in on what was going on, only to justify the granting of stock options.
Are you really ok with that one?
Explain how you believe that us retail are getting the story at the same time as everyone else. Anyone who has followed this stock for some time surely knows that what I say is absolutely true. The share price runs up for no apparent reason and when the news does arrive weeks later, the stock goes nowhere but down.
Now, I realize that some here may believe that they are doing their best to try to promote this company. Really now....these interiews on BNN where he makes these swampland type comments....this missteps where the stock is halted and you have to retract your statements. Fantomas....honestly now.....are you really buying all that? What was the end result of three good news releases within 24 hours? Our stock went DOWN!! And then.....then....yes, you guessed it....more stock options....so funny. You don't think we were being played there?
They are playing us retail for fools. Now, you can be silent....or you can "whine"
I choose to "whine"....and I have that right...sorry if that aint toned down enough for some