yukoninvestor You are right. The unfortunate part about TAK is that management has stumbled along when it came to drilling and where to drill. Poor planning and execution. The management has paid themselves a lot of money over the last few years especially Dingsdale and Fekete. They and some members of their board were also promoting other deals as well while trying to run TAK at the same time. Between July 2010 and November 2010 retail and institutional investors put $10,450,000 in the company coffers. Their overall execution speaks for itself and in 6 months they say they will be out of money. My advice to them is to stop paying themselves fees or salaries to preserve funds and make some big changes in management. The chances of these guys raising any funds is next to zero. The New Year could get interesting for this management team IMO