I could not agree more P, there is, obviously, no funding available and probably never was.
Just stretching the string as far as it can be stretched.
$200K + is not a bad package for the CEO of a a sinking ship.
Their other Company Peak was only a stroke of luck when they stumbled on a magnificent rare earth find.
Surely a JV on the shallow stuff a year or so ago would not have been out of the question?
Lost more than I would care to think about on this one but got out at .025 or thereabouts, wasn't going to stay in and loose the lot!.
I realise I am not across the facts fully, but from where I sit, badly managed and poor communication and lack of entrepreneurial skill.
Maybe I am being unfair, but they are still pocketing significant remuneration
whilst the 'suckers' have lost and continue to loose.
Wrong, wrong ,wrong - in my view!
I have a few left - just for a laugh!
Scorp - I always admired your faith, and I admit there was logic to it.
Good luck to all losers! It's not the end of the world.
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