RE: CAT is a dog & a lying dogWere was the news on termination of drill program?
These guys are nothing but scam artists.
From NR:
Staccato Gold Resources Ltd.'s 2007 phase 1 core drilling program at the South Eureka project which commenced on Jan. 19 was completed on April 1, 2007.
The initial phase of the drill program was terminated after six holes to allow continuation of the program with a bigger drill rig better suited to handle the very difficult drilling conditions.
It's not acceptable to wait 1 1/2 months to notify shareholders when everyone in the company knew the drilling program was terminated do to poor drilling equipment.
So for 11/2 months those in the know were able to sell at higher prices leaving the rest of the shareholders holding the bag.
Poor management, now we are down the time line by almost 2 months and the management is still evaluating the continuance of the program, what a JOKE.
The company continues to formulate future drilling plans in the high-potential Windfall/Rustler/Hoosac area, the centre of which is located 5.3 kilometres (3.3 miles) northeast of the Lookout Mountain pit. Other areas with significant gold values in drill intercepts and/or with significant surface gold values are also being evaluated for future drilling programs.
AND:
The director and vendor of the property pulls the pin.
The company also announces that it has accepted the resignation of director Don Decker.
Quite a pickle for the shareholders.
Good luck, bt.