and there's more, page-4

Showy,
The stiking info to me was the amount forecast to be spent of exploration and development next quarter.......
Yes, I'd already posted that near the end of my post - alarming, and I suspect you're right in that they barely have enough money to cover admin costs, let alone exploring.

How they were permitted to lend substantialmoney ($6mill +) to an unlisted private comany - Fortitude, at the beginning of htis year, I just don't know.

This is shareholders money and lives they are stuffing with, not simply fodder for the 'old school' boys to play jet setting with.