GREY:ADEXF - Post by User
Post by
greenandgoldon Sep 21, 2011 6:41pm
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Post# 19068837
History of Missed Targets
History of Missed TargetsOn June 14, 2007, a "minimum" 15,000 meter drilling program was announced for Roche Bay. How many meters were actually drilled during the 2007 season? 9,300 meters.
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On April 14, 2008 a 30,000 meter drilling program was announced for Roche Bay. How many were actually drilled during the 2008 season? 16,500 meters.
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No drilling during 2009 or 2010.
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In January of this year, an 18,000 meter drilling program announced for Roche Bay and Tuktu. How many meters will actually be drilled? It looks like under 6,000 meters.
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Proposed $65 million deal with Melville Capital Corp? Announced in late 2007, "executed" in March 2008, "completed" in 2008. Somehow, after all those positive press releases, the deal still falls apart in August 2008.
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Proposed billion dollar deal with XinXing? Announced in July 2010, and there have been lot of positive press releases since then but no deal and no serious money. Can this management finally deliver? Everyone's waiting.