Ann: Director Appointment/Resignation , page-9

I guess we can all have a gut feeling about what we think might be happening that is not being told. And especially with these types of ventures where there is always a slip betwixt hand and mouth, or the progress isn't a smooth ride into the promised land.

Yes there are things that if we think the executive are dishonest that would point to things being less rosy than they appear. Such as Mud Room, which however can simply be a common name to mean the area where it is collected, offshore rigs have the mud room I, one of the rough-hand jobs. Do they have mud rooms on land?

The pump information not being included in the announcement was pretty untidy and would have provide a reasonable rationale for their delay. But I guess this information could be checked since they would have had to order replacements or repairs.

But I guess the argument is all about are the executive of both companies trustworthy. I see nothing in their past to suggest they are not. And Bennett's recent experience with a duster at Rodinia would have lead him to issue a cautionary message if he thought the same of GBasin. However his statement was the opposite. So I take it that he honestly hold the position he is making.


This coal direction of the company seems to be one they have had for a while and I gather it was to develop cash flows to help develop their own stretch of land reducing the need for loans or CR.