Couldn't agree moreHighTest, you spoke my mind. The silence from these guys is contemptible. Having promised a steady stream of news in Qs 3 and 4, they should provide updates on the drill program and announce results good or bad. And Jojay is another example of the same disrespect this outfit shows toward shareholders.
So we're left trying to piece together what the flying freak they're up to. But information is unbelievably thin. Here are some recent excerpts:
This from their report on Jojay on their website: "Significant uncut gold intercepts for the first 10 holes (JJ07-01 toJJ08-10) are reported on the table in the Wescan February 29th news release and the results for the remaining 12 holes are in progress."
Those results were released in April in a news release that also said "A National Instrument 43-101 compliant technical report and resource estimate is currently scheduled for completion in mid-2008."
Second quarter 2009 report, released Aug 28 (so the third quarter report should be imminent) said: "As at August 27, 2009, the Company has $2.05 million in cash and cash equivalents that will be used to fund drill programs on the coal permit properties as well as continue exploration programs on the Jojay, Fork Lake, Hanson Lake and Munro properties."
And according to recent news releases on share offerings, proceeds were to be used to fund Hudson Bay and other properties. That's it. That's all. Not a word on what's being funded on the other properties. Nothing on the 43-101 that's over a year late. Nothing I could find on the value of the drill program underway at Hudson Bay. Anyone else heard?
So come on, Darren, practice some Investor Relations.