Ann: Drilling Program Commences , page-2

Wondering about the sense of the new exploration. How is it being paid for?

The last quarterly stated:
- 14k cash.
- small production (around 200k??? for the quarter?).
- $1.4 million on the ROM pad ready for production.
- ample resource.

Are they gambling bank overdraft dough to increase resource, and therefore increase the S.P.? Past increases in resource have not increased the S.P. The market doesn't trust management's expertise to get to production.

If the cash for further exploration is coming from production, where is the ann. about production? Alternatively, where is the ann. about the source of cash?

Yet another sign of poor decision making or lack of communications competence. (No communications consultant is named in the Ann. Did they pay the previous consultant's bill?).

Or it their strategy one of further dilution and paying their own bonus's with cheap share issues?

It's not possible to have less faith in senior management. I believed them three years ago, sadly to the extent that am trapped with this starving dog and its helpless yelps.