Drayton highlights
posted on
Feb 02, 2012 11:01PM
Just leaving the meeting here are some points, semi-accurately reported.
Murray says some investors in new York didn't like the sounds of a SH rumour that we were seeking financing in china so they ran the price down to teach us a lesson.
Two directors were asked to leave, it was in the works for awhile. Just bad timing with the stock price.
The new directors are still reading paperwork and getting up to speed, haven't met yet.
The 11 holes were on the outside edge of the anomaly, that's where the geos wanted them. Most people at the meeting thought you should drill into the middle but our educated geos have a plan.
Murray didn't exercise his 600,000 options at $.50.
Murray wants to see weekly or biweekly info updates. I told him to hire someone with a proper command of the English language who can create a concise easy to read news release.
Kevin is a quantec employee sent to make sure things are done right, not hired by st Elias.
These are my opinions of the meeting, I hope everyone learns more tomorrow.
Drew