RE: dr paper''''s ineptitudeWhat a total joke... a $1 share offer for the company would take it out right now.
Why would anybody buy for such a high price. If you believe that the managment will fail to enter a JV or develop the deposit itself, then you would expect the company to eventually run out of money and another company would scoop up the deposit.
I don't think it's too likely. Worst case we continue on this track and eventually a JV is made under terms that are toxic to shareholders.
There is also no question that the timing of the PP was oppertunistic comming on the heels of such a good drill hole. I would have liked the market to be given time to digest that result before having the run get 'quenched' by a PP. I just hope more simular drill results are in the cards as oppossed to this one hole being cherry picked to coincide with the PP.