people getting tired of waiting It appears that people are getting tired of waiting for an update and I certainly can't blame them. Four months and not a peep from the company in terms of drilling results from 2012, a plan for 2013 or anything for that matter.
This is stating the obvious but if management does not see fit to update the shareholders people will either sell what they have or they will hold their positions and hope something good eventually happens. People will not (and probably shouldn't) buy more until such time as management starts treating common shareholders as owners of the company and keeping them up to date with the goings on.
This is very plain to see with both DEC and MTB trading at 52 week lows, MTB bids getting slammed this morning, very thin bids on both stocks and heavy offers.
Come on management. Wake up and do what is right. Give us an update.