Dear Axecap, page-29

Actually I am assuming the MD [Rocco Tassone] went to Nevada to conduct proper due diligence ... in which case it is unlikely he paid for the trip out of his own pocket.

However, the quality? of the proposal is so poor perhaps he didn't go to Nevada after all ... that might be the explanation for picking up an option on a tenement which has zero commercial value.

There must be some reasonable explanation for the squandering of funds and opportunities... what's your theory?

As far as I can tell ... the permits for Halls Peak were all in place, everything had enough time to be organized and $1.5m in the bank with a month to get the drilling done..... [apart from the placement of $93k only days before the initial announcement to drill Halls Peak]. ....