RE: RE: RE: RE: Monday is crash and burn dayTrue, I never thought of that but the speculator (investors) are long gone. There is no more spec. It's all about results now. That's why we will not go to 0.65 simply on fluff news. So it's all about results. And with the way they are going, we won't get results for quite some time now. I don't want to sound negative but even production of Blue Gem coal by/or around March 2010 seems very unlikely. They are barely producing from Mine #1 and this mine will fund most of their other operations (mines). So without mine #1 being in full swing and producing 10,000-15,000 tons of coal/month, then they will delay the other mines. It would only make sense. Since they would not have the money to start production at mine #2, mine #3, etc.
So without mine #1, they are in trouble. That's why shareholders keep stressing the fact that an update is imperative. Sure you only started mine #1 and probably barely produced anything close to your targets, but c'mon, give us an update of your first shipment of coal. Or that production has increased dramatically due to the addition of the 3rd auger, or that weather conditions have improved significantly and now you have doubled your production, etc etc. Anything. Other than "we have issued 1million of stock options to management good for 1 year at 0.10, etc etc".