exploration hyperbole and agm director options, page-4

Fantastic post Gwaihir couldn't have said it any better!
After investing close to 100k into this company after the initial announcement I was hoping the company was going to do their best to workout what they were uncovering in Mongolia. After this last announcement I am unsure what their intent is. For all the good things shown thus far imo management(not just this company) can turn exceptionally promising ventures into long term exploration plays which drag on for years and many capital raisings.

Tomorrow will be an interesting day as the hair cut today could continue or we could see a stabilizing of the shareprice after people digest the latest announcement. This company already has alot of paper out there and if they want to keep on gifting options it's only going to be increasingly difficult to see capital appreciation. I suspect the only way this company will achieve all the hype that they are spruiking in these announcements is if it indeed has a similar size deposit to Oyu Tolgoi.

Once again I feel that this company is more about servicing who's on the payroll rather than the shareholders. I have already been put off by the only contact I had with the company when asking for some innocous information, I may be proven wrong in time but going on past announcements I would rather have my money elsewhere with management whom are not all about themselves.