Ann: Company Update, page-58

Sorry why poor form by management? Unlike previous management this management was up front about what they were doing. It's a fact of life, mining exploration is hit and miss, there are no guarantees. You have to drill to find and you can only use best endeavours to try and maximise the chance. One thing for certain, if an area has very limited to no previous exploration performed, there's usually a reason why.

The outcome is the ultimate in disappointment but you have to be prepared for these outcomes. Pure charting will not save you in these circumstances.