I fail to see any reason for optimism with this stock for at...

I fail to see any reason for optimism with this stock for at least the next couple of years, or more....if then.

Bill Bloking's comments in his recent announcement, which did produce some positive comments, could have been written the day after the Posco deal fell through. By that, I mean that you or I could have written, at that time, the following:

Let's pursue Coburn in the hope that someone is interested.

We need the global demand for mineral sands to improve.

If the price goes up, then so do the economics of Coburn.

Let's reduce our operating and admin costs for GUN.

We have some exploration potential, but that is all it is...potential and hope.

We have no cash to ramp up exploration in our other assets such as Mt. Gunson, Fowlers Bay, or NT.

We have no cash to survive past Q1 14.

We have no hope of anything coming from the above.

So, where the heck are we? I just don't know how to get positive about our prospects. You can't make a silk purse out of a sow's ear.

Can anyone please help me out of my negativity and give me some hope about this stock?