Re: Is It Just Me or What??
posted on
Jan 30, 2012 05:11PM
I'm not here to "enlighten" anyone. If you want my opinion, I'll share it. If this project was proceeding according to initial plans and everything was going on according to schedule, then we wouldnt have seen the mass exodus that we have had recently. It could have been avoided if they gave an indication of the following:
1. They were mandated to release the initial results. 2. The two former board members left on good terms. 3. All but one of the holes were actually on the peremeter. 3. Doubling the drill program was required to get a better picture of the resource in the ground. We do not know if these four points are facts or speculation. They could be easily interpreted in the exact opposite of the way I wrote them. Which, as the market has indicated to be the case. If management was confident and things were unchanged, the NR's should have been written to indicate all the changes were in fact postive rather then leave it up to our interpretation.