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.
RCF Price at posting:
2.0¢ Sentiment: Sell Disclosure: Held