RE: Just saw the clip I saw the clip too and I have watched all the previous ones. The doctor should not be talking about the SP, the hydro quebec, the roads, the tax breaks; the closenes of other companies. All those are factors that he doesn't control; that are circunstantial and other companies also have. He should have concentrated in his business which is drilling, documenting, analysing and reporting so that he could credibly prove or disprove the ounces in the ground; then he can talk about the other stuff.
He has been bluffing about the size of the resources for at least seven years and getting nice premiums on the PPs but nothing solid on the resource. I was looking at several of the peer companies to which he compares ER in the last presentation and I found out that a good number of those - the 13 that he mentions- have meaured and indicated rersources aorund 5 millions ounces. Then when the doctor says " And in 2011 we made a discovery that ultimately we think will put us in a new category in terms of gold deposit size" I hope he means at least 5 million ounces. Every investor knows the risk of exploration. He has had more that enough time and means to prove or disprove the ounces. Let us not consider the loss of money; this company has been a waste of investor's time and patience.
One more thing. ER does not need to spend time and money in promotion; just need to show timely results. Did management ever think about trying that?
FG.
PS. disclousure: Important number of shares. Investor for over seven years. Never sold a single one.