sell high, buy low RP, you are a breath of fresh air. And you are missing a great career opportunity as an IR person. You are the only person I know that could spin a bad decesion and a waste of time and money into a positive.+
If you will recall, last spring, there were some of us who posted that the company did not have the moeny that others claimed they did, and that the JV money etc., was actually not in the bank. You poo pooed that claim, though as it turned out it was correct.
With limited funds available, the "exploration" should have been focused, both in terms of time and money on its core projects. It was both a lack of focus on the company, and ,possibly a need to promote some great news to pop up the share price.
It was a waste...$25,000? I guess the time , consultants, travel expense are not considerations at all.
IWe, and company managmeent should learn from our mistakes, or we are bound to repeat them.
And the first order of buisiness is to admit it was a mistake. Not to spin it into a positive.
The company still does not have the money, at this point, to be diversifying its exploration. I hope they have learned the lesson.
Agina, I wish everyone good health and prosperity in 2012