I thought it was a good update.
People complain when they (the company) don't give updates.
When they do give an update people complain too.
They have hired the people to do the work on geophysics to narrow down the search on their tenements.
They sold a stake for cash and shares in another tenement to fund the drilling on the Tennant Creek prospect.
They are drilling out, narrowed down area's that have been highlighted in the geophysics survey's in the hope of hitting a resource that might be economical to mine.
I don't see what else they can do.
All explorers are the same.
They can't wave a magic wand unfortunately and produce something out of the ground. It has to be found just like every other explorer or miner.
Until they find something, the shares will be where they are.
I too am underwater on this.
It is what it is.
Nobody on here can say they are not trying to hit a resource of consequence. I don't believe it. Tony is doing his best as far as I can see.
In the past I would have said otherwise but from what I can see he is trying his best with the funds that he has, to try and make KRR go forward.
I don't believe that he wants to see KRR fail.
Tony has a lot of money invested in this company. A lot more than most directors or MD's.
AW
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Price($) | Vol. | No. |
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