GREY:PGDIF - Post by User
Comment by
robybobon Jan 27, 2016 1:21pm
62 Views
Post# 24498353
RE:RE:RE:RE:2 day wait.
RE:RE:RE:RE:2 day wait.shneps, were do you see that quote? Scary as hell, only thing that I can find is
"A fully subscribed rights offering will raise gross proceeds of $7 million, which will be used to further the remainder of its 2015/2016 Chidliak Diamond Resource Development Program, which includes delivery of a Preliminary Economic Assessment, fund the Company's 2016 Chidliak work program, advance Botswana Exploration and for general corporate purposes and expenses. The proceeds may also be used for working capital."
That is from the financing NR, we have not seen any plans for a 2016 work program yet and we are almost into Feb, heard sfa on Botswana, shame on management, even an update would show they actually respect shareholders, even if they haven't hit kimberlite, as for working capital, that is pretty broad and general. I would think that would mean a work program on the ground.
What is frustrating me is the lack of information for the shareholders, I do not think we are getting the respect we deserve, no news from Botswana despite the fact that they finished drilling 3 months ago? Total disregard for us IMO. Wasn't it last year that we were promised a 'steady flow of news'.
Holding my breath, once again.