focus on the obviousA lot of "high-finance" type things have happened in past year or so:
Dickson and Baldock got about 25 MILLION stock options (not a typographical error!)
BNP was looking at extending debt financing (guess that one fell through)
early incentive of 10s of millions of warrants
US stock listing pursuit
new discount for exercising warrants of 18% in the works (that were essentially FREE warrants from last early incentive)
Takeover attempt of Tagish Lake Gold (failed)
All that stuff is nice and I am sure make Dickson and Baldock quite wealthy, BUT
Why don't they focus on turning a profit? All of the above is a result of inability to make money.
THEY HAVE VERY LITTLE MONEY AND KEEP LOOKING TO EXTERNAL SOURCES FOR MORE.
WHY CAN'T THEY MAKE MONEY AT $1,375 GOLD AND THE 150,000 OUNCES OF STEADY STATE PRODUCTION THAT THEY ANNOUNCED IN A NEWS RELEASE IN AUGUST THAT THEY HAVE ACHIEVED?!?!?!?!?!?!?
This truly is turning from disappointing to just plain bizarre.
SHOW ME THE MONEY!