RE:Market wants meat and potatoes Its hard to explain but I just get the sense that they are trying to move things along at a guided pace but not spend any real money to do real things.
At some point they have to sh*t or get off the pot and cut a deal on a JV or do some real drilling. The markets aren't fooled by build a road here, do some mapping here. All things that need to be done but are being done at a snails pace.
I doubt you'll see a real drill program this year. They may take their winkie drill and drop a few shallow holes to see what they may come up with and hope for the best. but that's about it.
I enjoyed their last run up. Made a few dollars but now sit on the sidelines. I just don't 'feel' like they are commited enough to aggressivelyt move things forward. Even the web-site saying "Now Entertaining Joint Venture Partners". Its like floating an idea and seeing what comes their way. Throwing "stuff' at the wall and seeing what sticks. Its not a real plan.
JMO opinion.Maybe others see it differently.