sadoneAgreed, who gives a crap. But as a shareholder I am still at a loss as to your point. You lloked at january financials, a little out of date, I would think. Also, as you know these companies have to raise money all the time as they do not have revenue. Having said that, Yale does have a small revenue stream from some oil/gas investment. So the fine line then is dilution verus funds in the bank. I would rather stay with a group that has a VERY successful background of raising money as needed and keeping the dilution to a minimum than a group that just raises money and a regualr basis. As far a losses go, I think you are confusing losses with property expenditures and right offs, which is common practice for all epxloration companies. Still wondering if you are long and if you have any constructive critisim. PS: look at ARZ.T. Look at the president and ceo then look at the board of Yale.