el's

Just having a quick count up of all the Granted ELs and the number of ones under Application - can anyone tell me what would be a rough estimate of expenditure per year per EL to keep it and does it match what is written in the yearly report? Is there a way of checking that money has been spent on them or would this be confidential? How many of the granted ELs have extensions to them for expenditure requirements. Just working out how much money they need to keep them and how much they have in the bank. I’m not knocking the company, but realestating is expensive if no results or revenue is coming in. It just seems to bring me back to some of the posters comments that they need to focus on an income first. QMN is in for more dilution and instead of trying to compete with a mine is bigger than yours in regards to how much land they hold we need that generated an income stream first. Exploration is one thing we hit and miss on – losing money is part of that. Are they wasting money by trying to do to many things at once, thier SP says theyve dropped the ball. any experts that think that holding all these ELs is worth it. Theyve come and gone in the past, wouldn't it better to come back to them (in one way or another) after QMN is more stable and stronger? your thoughts?