land position I'm impressed with STK's land position. I'm not impressed with the fact they cannot manage it. Another Schreiber claim came open last week and is under forfeiture. That troubles me that management cannot keep on top of this.
They will need to hit something pretty big in the first round of drilling (available financing) in order to have success at a future financing. The committments they have to maintain their Schreiber claims is quite onerous. I think Mike is an okay guy and has picked up decent claims, including Edwards, but he needs to fire his land management person.
Hopefully he has enough cash to move the drill to the Afric zone extension. I fear that the harkness hays drilling will not get the company the news the investment community desires (i.e. very narrow veins).