I think if we're happy to praise management when they do...

I think if we're happy to praise management when they do something well, then we also need to be accepting when they are criticised when they don't do something well. I think calling them criminals and saying they should be in jail is both unwarranted and inappropriate.

I think it is dangerous to have blind faith in any company's management. Unfortuantely, as shareholders in a public company we don't always have all the information so that we can make an informed decision. Sometimes we have to speculate or fill in the blanks, and we make decisions to buy or sell based on this.

With the Bonanza resource announcement being delayed, I decided to de-risk part of my position by selling heads and buying NTLO in their place. It is too early to know whether I made the right decision. But I do know that I made the decision with conviction and I stand by it.