"A sale and purchase agreement should have been signed within a month of option exercise. We should have been drilling by now."
While I agree that a lack of updates from the company was frustrating, I suggest you read my earlier post regarding a reply I finally received from Jade. The delay was due to the vendor. Nothing they could do about it. I have no reason to not believe that.
Continuous disclosure is another issue, but to say that a purchase agreement should have been signed within a month of option exercise is extremely ignorant.
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