RE:RE:Ask Me Anything - Eric Owens@JayReiSmith Q: From what I can tell, under your leadership. Stock price hoverd at $0.05. Please explain this. Also, you spent so much money on things like IR and Marketing, and what not. None of this money is showing well on our shareholder returns. Under your leadership we got nowhere. Why would we want you back?
A: I am dedicated to seeing a return on this property. I have been working hard and efficiently on this property for 12 years. We have built resources on three projects on this property package, we discovered the West Zone gold copper deposit that Agnico is now developing; we bought Murgor Resources which added more ounces; and our exploration cost have historically been about $17 per ounce discovered. My vision has the best interest of shareholders in mind, and like you, I want to see a high return on my investment in the company.
The current management consists of bankers interested in the short-term fire sale of the company, and are not interested in adding value to the company’s assets and therefore shareholders by following through on the planned and aborted drill program.