Good to see some more critical thinkers Well it looks like we won't have to wait ten years to see if the Entree gold deal works out. It seems pretty likely the money may already ibe wasted and gone, gambled away on another reckless deal. Good luck getting anything back from Entree. You can't squeeze blood out of turnip; see Novadex, Terrex, and Royal coal as exhibits A, B, and C.
SME is becoming a ward of SSL and is floundering badly. It may never die but I'm obviously pretty pessimistic about recouping my substantial investment let alone make a profit on it. It looks like a Zombie to me.
I own a lot of shares in both sandstorms and I am pretty unhappy with the ongoing value destruction here and at SSL.
NW is acting like he is desparate for "action" rather than doing the appropriate DD to truly vet these deals for their risks and returns. It is especially concerning that three previous bad deals don't seem to have changed the MO for future deals. It seems almost the opposite; trying to hit five run homers to catch up.
There are very serious problems here and they are now infecting SSL too.