RE: Management doing just fineYep, management is doing fine at lining their pockets with money from treasury.
This group has not shown, once in the last 3 years, that they the acumen to move their projects forward in a timely and fiscally resposnible manner. Technically, there is one individual within the corporation, aside from him you've got a bean counting executive chairman who knows the price of everything and the value of nothing. Their CFO happens to have a little experience internationally but does not get heard because the executive chairman is to focused on mentoring (that's a crock). The President has not been able to make a decision other than signing off on resolutions to continue to finance with a dilutive and punitive outcome. now they're wanting to sell hangingstone, correction, they're trying to sell hangingstone, bids closed over 6 weeks ago and still we've heard nothing. Goes back to the executive chairman knowing the price of everything and the value of nothing. If they sell Hangingstone, they're divesting of an asset that plays well into their resource calculation and it becomes more difficult to raise capital. The only thing that selling Hangingstone will do is keep the current management team gainfully employed for many more years to come. As for changing the well pair configuration, look at what that change has done to the equity value. If you come up with anything other than destroyed the equity value, then you're nothing more than one of managements minions. Not sure what else anyone of you could say to this. Look at the bid and ask on this thing, that's evidence enough that all you pumpers are delusional.