2012-the end of edm?

The only hope left is the 40% Burkina Faso interest. PDI seems to have planned the drilling in Feb/March this year.

The wasteful expenses need to be reign in to make the $800k in the kitty last.

The loan of $1.5m needs to be recalled.

The deposit of $3.67m on Baita Mine needs to be returned in any shape or form. It can't be just that!

The problem is the SP, which makes it so much harder to raise fund for the 40% drilling expense of BF in the next months.

Did the company make a raw deal out of Baita Mine by throwing away $3.67m for nothing?

Is the $1.5m loan recoverable?

Could this be the last year of EDM if nothing can be done?

In my mind, it's still worth a gamble with 0.1 and 0.2c just for the 40% gold in BF. The money in the 'book' would be a bonus.

My sentiment is actually buy at 0.1 and 0.2