wysiwygCan't say I disagree with the grumbling. Management's flashy CVs advertises a world of experience and expertise that would suggest performance vastly superior to the dismal effort of the last year. What a come on!
Coz here's what you got. 50% of Arcadia??[Jan 07] Stock options to friends [Jan 07]. Another PP [Nov 06]. Apparently shareholders are only a means of raising more money. Never did see the 43-101s on Bald Butte and the Gulch, just BS mutterings [Oct 06] about "good progress" towards. Whatever it is that Renmark actually does for $5000 a month sure ain't visible.
Management team for this dog has all the signs of - wealthy, retired, over-the-hill - legal types, CEOs and promotional 'good ole boys'. But don't expect that any of the overplayed reputation will trickle down to shareholders who invest good money here. What you see is what you get. A bunch of aging Monopoly players - living out unfulfilled fantasies.
I did all right on this one, back in the Naughty days, and got out a year ago. But I wouldn't give this crew a nickel, for passing "Go" or anything else. And that would be my best advice. FWIW