Management's current track record speaks for itself. They have spent the money wisely thus far and have increased the resources by approx 47% to circa 1.4 million ounces of gold. They have also increased the average grade and discovered new deposits of gold in the tenements. This was all done in the space of 6 months!
Look around the ASX...many companies have directors paying themselves huge sums of money off shareholders' funds and have done diddly squat. Some have even managed to skim the money and moved onto new firms to siphon off more.
As such, it will always be the actions that speaks....
Always cautious but i am looking forward to what this management will do in the next 6 months...should be exciting! Management has got my tick for this year thus far.
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