Information Void - WSBN Created themselves by Stupidity4 Nov 2025 13:17
The Stupidity of the WSBN directors knows no bounds.
They think a few more tweets are going to move the needle, when its been obvious to everyone that, that technique has run its course & no longer works.
They have created a massive information void, all by themselves by there total failure to educate there shareholders & other investors along the way.
The failure to put out an INVESTOR PRESENTATION detailing the forward plan of action & what's occurred so far has left many bewildered & wondering what on earth is going on at Red Setter.
The whole campaign was about drilling Red Setter Dome & they drill all of 2 holes into it (one planned, they other decided long before the 1st had even reached the Breccia Pipe nevermind 777M) & abandon the target before even drilling the originally planned 3A extension!, without any true explanation for doing so.
Suddenly wanting to go back to site of the 2022 campaign & instead of waiting for the RC rig to drill collars, needlessly waste time & money doing a new surface hole with the DD rig - again no explanation as to why the urgency for doing this instead of following the original Geophysics plan for 2025, nor why it was targeting 500M which seems a very curious depth to want to stop at given the Dome depths etc.
The RC rig has now drilled at least 1 new hole & possibly more but there is no known plan for investors to follow or understand, just a total information void thanks to the ineptitude of the WSBN BOD.
As for the use of the DD rig, well if its still on hole 3 that will be at least 17 days & counting now, a terrible slow rate of drilling for sure & who knows where it is going next or for what purpose.
As for hole 3, why on earth are they drilling it in a westerly direction ? hole 007 was drilled westsouthwest from that same pad & found nothing. Hole 008 was drilled to the South instead & that was the hole they were meant to be following up, yet this new hole is not going in the direction & appears to be to the west of the failed 007 hole!
The facts simply don't seem to match up with what very little information the board of directors has reluctantly decided to share with its shareholders.
Instead of providing meaningful, insightful information for shareholders this BOD think a few pictures of a drill rig in action will keep investors interested.
As for assay results - "expedited" - not much point expediting cores to the lab if you have to wait 9 weeks & counting for the assay results to be produced - another story that doesn't match the actual facts & of course no guidance given as to when we might get to see them. By the way I highly doubt that the BOD haven't already received some if not virtually all of the results for hole 001 now, but instead of actually publishing them as they've received them, this BOD is following its own agenda as usual.
Can't wait to get to vote at the upcoming AGM, where a change of leadership is clearly required at WSBN.
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