Wreckage? Serious over-reaction from some posters on this forum.
This is a spec. stock that has more than doubled in price these past few months. Yes, the SP has halved in the past couple of weeks, as has the SP of many others in the sector. Shit happens.
As I've mentioned previously, drilling unconsolidated seds and shifting sands is not easy, particularly when representative samples need to be collected. I could regale you with tales of ridiculous drill programs in much easier conditions that have cost in excess of $1000/m. But I won't.
I'm cutting management some slack on this one...a learning experience. If similar mistakes are made in the rest of the program I'll be the first in line asking the tough questions.
But wreckage...? Definitely not.
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