Any other company would say that they drilled through 10 meters of coal which was permeable or something like that. In this way shareholders and potential shareholders would be at least partially informed as we should be. It's our money he is spending.
I can't understand why someone with John Phillips experience writes an announcement which says nothing other than we are drilling another hole and we will be telling you nothing.
It would be better if he hadn't bothered.
Treating shareholders like this is insulting.
BUL Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held