Read between the lines Do you guys actually know how to read financials? Or do you just start blathering ''I told you sos'' without the need or ability to explain yourselves? (that was rhetorical).
NON CASH IMPAIRMENT RELATED TO GOOD WILL. Like Kinross with Tasiast. Caladay is where the immediate action is, not Drumm, which can be returned to at a later date upon the receipt of increased cashflow. Thats what management is for, and whose reasoning is apparently beyond the comprehension of BBoard deep thinkers. Caladay is the priority, for the reasons given in the release, and for the reasons P.G. has so painstakingly and thanklessly tried to explain to you. Hence the exploration that was spent on Drumm, now goes to Cal., and for which you will be fecklessly and fawningly thanking management once production doubles, and silver crests $40. I am astounded and how similarily this is playing out to the First Majestic scenario.
1. management takes the necessary steps to exponetially increase production (and gives themselves options like every other miner in the galaxy, though obviously all investors which there was no such thing)
2. big bullboard babies ineffectually whine to bullboard about how unfair it all is, how such a thing has never happened before, how heartless and cruel management is, how unloved and unappreciated they are.
3. production doubles, shareprice quadruples.
4. big bullboard babies stop pouting, and go back to sucking contently on their soothers.
That is of course assuming said ''USA investors'' actually have shares, and arent just trying to manipulate opinion 'cough' Cridwell 'cough'.