RE: RE: RE: RE: RE: RE: RE: Anonymous? the deposit is enormous...but that's just not the point.
only a fraction will be reflected in the 101 and we've mgt to thank for that.
so why am i still interested in this project and why am i still positing here...simple: gold hasn't gone anywhere; mgt can still turn this project around; mgt read this board; some of the pom pom waving cheerleaders are just plain wrong and you will just make things worse for others if you don't support the actual changes needed to turn this ship around.
as long as the 101 shows 250k oz or more, i'm happy. any more than that is a bonus given the poor decision-making that got us to here.
so firstly, i'm more interested in the detail accompanying the resource estimate, especially any quoted "exploration potential"...which should be the first qualified hint of what we all suspect is really there. and secondly, i'm more interested in mgt's commentary around the report...have they learned their lessons from 2011...are they gonna take us towards self-financing future drilling/expansion or are they taking us towards more dilution and just rewarding themselves more options to keep pace?
i'm waiting for the 101...and if i'm right about the pump and dump into the report and the content of the report, then there could be an excellent buying opportunity a week or so later.
i'm not a basher, because i am a fan of the project...but i'm not a fan of mgt or the trading we're witnessing...and i don't believe there's a takeout imminent...too much mess for someone else to clean up.
we'll see...
long and strong to the one-O-one
sjm