I'm damn tired of Management talking, forecasting, promising and trying to create hope with drilling. What I do see is little results where it impacts the share price namely production, grade and bottom line profitabilty.
Management for years has been over spending, drilling and over paying themselves for results that don't enrich the shareholders. Piere cost likely more than a few million with his salary,severance, Toronto office and staff. Half of the loss of market cap I hang on Pire and those that hired him and endoursed his approach to running a small producer.
Ian I've met once and do think favorably of, time will tell whether he can tighten up the costs, increase grade,production and the resource numbers. Time I have but patience and money I have a lot less of.
Q1/13 production of 16000-17000 oz is below my expectations. We're too cheap to sell out now, if we where near our piers then I would consider