OTCQX:RPMGD - Post by User
Comment by
pipefit2on Jul 23, 2013 10:10am
296 Views
Post# 21624154
RE:RE:RE:RE:no news
RE:RE:RE:RE:no news
"All they need is one good hit."
True. But I don't like the idea of throwing away money on lost causes. If GGP is a bust, then it is a bust. Why waste precious resources trying to save face? It is not that big of a property. If they haven't found anything yet, with two drill programs, then they probably won't with a third.
They have plenty of other properties. Why not rank them in terms of upside potential, and budget drilling funds accordingly? Why wasn't this already done, in anticipation of a settlement? They're coming across to the investment community as a bunch of befuddled little kids.