i have to agree with you. There financial strategy seems very good on the outside but when you really look at it this strategy only really benefits the company not the shareholders. If for example if they had to put up more money for the red valley project i doubt it if they would of gone ahead with the drilling at all. And likewise if it was that great Bill would of wanted much more for it. It was high risk but because financially they did not need to fork out much the risk of finding nothing was offset by the low financial outlay. After being through this i would prefer paying for a project which has a higher chance of success something that has more historical data rather pay more for it.
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