bleed to market senseless

One think you learn after 30 years buying mining stocks is that many exploration companies just live off the market & have no intention of mining anything.Ask yourself why a company would sit on , (is it ) 800,000oz of epithermal gold & do nothing when gold is approaching $1000 an oz .This company has just admitted it has been approached by other parties regarding mining the bonanza .My guess is that gold will eventually go do down in price & that they will leave ( the director fees magnet) honey pot in the ground & rather continue to concentrate on how to sell the shareholders Uranium assets back to them in annother foat , just like the last failed one.