RE: Aaahhhh ...I seem to recall someone, perhaps mmendes, mentioning awhile ago, about Harter's grandiose plans(my terminology, not theirs), to acquire some properties in NA/SA, for the purposes of simply flipping them for a profit. If my memory is faulty on this point, my apologies. It struck me at that time, is Harter wanting SRW to become a commercial realestate operation, or is there a genuine interest in establishing an economic project, such as D-P?
Given the above, I don't see him trying to j/v a property with anyone else(as mentioned by fastlane99), unless there is a plan to give it away for relative peanuts like they did with the excellent Gol... property.
If there was a genuine interest to develop the D-P property, I would think that they would be drilling a lot more holes that the 6 I think they mentioned a few NR's ago. Didn't see any NR on drill progress there, did any one else? At that rate, they can stretch out this activity for a very long time, with little real progress. jmho.
Did anyone else notice how lacking in details this latest nr was? No real particulars on the acqired Mexican property, and very little bio info on the new directors, specifically naming companies that they have been involved with in the past. These two gentlemen may well be very qualified/experienced in related and highly respected companies, but one wouldn't know that from the NR. jmho, Solid is coming to Mexico far too late in the game, the best properties have been picked over and worked for the past 5 or 6 years. Once we finally get some details, we will probably see that it has been worked for the past 50 or so years, and possibly drilled by others as well, and abandoned as not being economic at the time of drilling. I would prefer to hear that it is virgin property, but that is not likely in Mexico anymore. I could be wrong and hope that I am.
I remember someone again (possibly mmendes once more) mentioning Harter's frustration with the lack of share price appreciation when he does news releases, or something to that effect. No wonder, News Releases should provide enough details so that a person can assess the merits of same. All jmho.
Sorry for the rant. My holdings in SRW were never large, and have been reduced to very minimal presently. I hold some solely for the D-P property potential, and am frustrated at the obvious lack of commitment to date to seriously explore it. More time seems to be spent pharting around looking for new properties, tinkering with old properties, than on addressing the key one we have. As I said before, Focus Harter Focus!!!