Bannor/jibber/Disco/COLI7 Sep 2016 21:42
Unless we receive news within a fortnight re JV or Mr 0.0249p, then I'm thinking it is a case of business as usual. Limited drilling, variable results, average overall, soon to be closing up shop for winter again. Serious cash burn for the wage bill, no JORC unless we raise more funds via dilution and drill further after April next year.
I mean, does the BOD want to seriously make progress or not? Where is the JV? The Mutsk earn-in, if there is no supporting news very soon and of a progressive nature, can be seen merely as another exercise to keep the ORE clock ticking over and the duffers in employment.
I still feel that we are being led a merry dance. If nothing of substance by way of news materialises, then I'm off.
Sometimes it isn't about the money. The recent non-disclosure spotted by Jib implies BOD ineptitude at best. Worse case is that the BOD may be corrupt. Not saying that it is, but we still have no real plan of action going forward. Mutsk has to date only undergone very limited exploration. Why did nothing happen the year before Birdy arrived, and why no apology to shareholders from Ed?
I'm afraid the lot of them can't be trusted to keep us informed, or, in fact, do anything thoroughly at all.
Good evening gents.