GREY:ADEXF - Post by User
Comment by
zedman4on May 02, 2010 1:52am
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Post# 17053188
RE: homerunstock
RE: homerunstockAbout a stratigic joint partner; is that wishfull thinking
or do you two know something? (Homerun and Deluca)
If everything is hinged on a White Knight, then there
will be some tough bargaining coming up.Maybe it's
going on as we speak?
What ever happens one thing is for certain; the Joint
partner will have a major say in how the iron ore will
be processed. So rather than keep pouring $ into
consultants pockets as aei has been doing; would it not
have been better spend on drilling?
The reason I say this is it boggles the mind since tthe drill
rigs and the camp set up on site last summer were not used.
Yet Bort LongYear and Matrix camps were most likely still
paid. That $ together with the money spent on tech studies,
etc. comes to a way over of a quarter of a million $ and yet
there's not even a single meter of drill core to show for it.
Yet you guys figure management are great guns.
Did you read the part were some of the Board of Directors
were also paying themself consultant fees?
Nice make work project; if you can get it.