Okay..This is the way it is. This company employs the joint venture model. We aquire attractive properties and do what is required to attract a partner to fund the risk. This is to help protect the shareholder. The partner funds the drilling for their cut, we escape dilution. The partner is successful, our share price goes up....we need more financing, less shares go out for the cash we need. Looking out for shareholders.
To do this you have to have a financial strategy and you have to stick to your business plan. It's pretty easy to keep saying "more drilling!" and spouting off about the 60's. If that's what you want, go invest in a "go it alone company". I invested here because of the best "risk to reward" prospect I could find for a junior. I expect management to stick with the plan, and they have to date. We do not need reckless spending and endless private placements. We are a joint venture model, you want something else...go somewhere else. Period.