Silk Energy Ltd SLKEF

RE: Within 90 days?

[victor2009]

Nickel77,

As you say, another month gone by and the same old story - last time it was years late, how long will this "update" be late?

I think there was an effort in some information released by this conglomerate to indicate a reason for this last delay. I believe whaler disclosed some convoluted excuse in one of his wishful thinking fantasies. It went something along the lines that just as they were doing a review in preparation for for the report, they suddenly discovered they needed more information! They are now preparing for the drilling was over-looked and will release the plan shortly - after they release the plans they have for drilling, I assume some more drilling might commence. I've noticed before that looking back at times when some posters suggested that drilling was extensive - there was very little spent on drilling according to the financial statements. It will be interesting to see how much activity is involved after this planning they say they are doing. Remember the OSC slapping them on the wrist and requiring a revised News Release when they reported previously reported drilling results and got carried away with calling Langmuir a world class open pit deposit?

In summary - the review in preparation for the report update is suspended temporarily so that they can plan to prepare a drilling plan, then plan to implement the drilling plan, then plan to review the results of the drilling at which time they can then restart the review in preparation for the report and see if they have to plan to get more missing information.

What a farce!  I don't know if these bozos think this repetitive chatter does any good in excusing their bungling - or if they just don't care, because they feel bulletproof.

And these guys want to control the Board of a real mining company! If they pull that one off, do you think Randy's company might get consulting fees from URSA to add to his fees and rent from ISM and Nitinat?