Ann: December 2011 Quarterly Activities and Cashf, page-5

re: Ann: December 2011 Quarterly Activities a... I feel your pain davo, and i too thought this would be one of my best picks so taking the hit hurts both my wallet and my pride. i took my medicine a few weeks ago and sold at 0.07 for a $15k+ loss.

main concerns were:

* the likelihood of another cap raising in the next few months (yes, I know they've said their exploration costs are fully funded this year but we all know they haven't found a money tree yet and they won't wait till the bank's empty to do one)
* the seeming lack of success with the trip to the UK late last year (i didn't see any confident buying after that) and,
* the disasterous consolidation which was poorly timed, expensive and seemed like nothing more than an ego trip.

my sentiment is hold if you're still in it - surely it can't go much lower? I will personally resist the temptation to jump back in though because if it does start running on whatever announcements may come, i think they'll take the opportunity to try and raise funds.

good luck to all - and of course, these are just my opinions. i know nothing...