RE:It is NOT enough ;)
It is my resounding crticicism of the management of this company that they have not been able to realize the value of this resource for the shareholders. There have been several opportunities, but they were all ignored by the folks in charge at CRE.
I am sorry, but it is not enough to have the goods and the permits. You also need a team of people who can execute. I find this 'only a matter of time' attitued to be a cop out. Things will hapen when people make them happen. This has nothing to do with fear . . . it has everhthing to do wiith the lack of integrity and capability in the CRE team.
At this point I am wishing I took the $3 exit. I thought at the time, as many I am sure did, that it was a precursor to financing and construction. I thought the $3 would become $6 in a matter of weeks or months . . . because we were told that financing would be coming shortly after the permit.