My takeaway from this week's NR's...Progress is being made and I anxiously await assay results. Can they update the NI43-101 with this round of drilling or is more required? I'm guessing that by now we are becoming somewhat cash poor and need a PP soon. Is there any chance results forthcoming prior to that PP for a nice uptick?
I thought we were told that pretty much all the paperwork had been done for the spin-off last year... why shelve it now? If the gold and silver are really worth it, why not give the shareholders here a little bonus. The cost was going to be what, a couple of hundred grand? And weren't some saying that it could be somewhat of an albatross when it comes to buy-out time... Or maybe those properties really aren't worth the effort!
Noticed all options at 0.295 and higher were cancelled! About 7.5 million of them with an average price of 56 cents. Replaced with 8.6 million options at 12 cents. I guess management has to take care of themselves first... as usual. Don't get me wrong, I do not begrudge them their right to be rewarded for taking us to the promised land. What bugs me is that I don't get to do a do-over for my higher priced shares... lol.