exploration & evaluation

Had a close look at the June 30 quarterly report? I just thought, why not. One figure stands out but before I highlight it, ask yourself the question, in the past 12 months has there been any exploration? Answer NO! Evaluation - they've had Golden for years and surely no more evaluation has been needed in the past 12 months as they have done nothing there. Agree??!!
OK - for the 12 months ending June 30 2011, a staggering $3.256million was spent on exploration and evaluation. Yes folks shareholder money has been filling up the trough so these little piggies can have their fill. Be interesting to have a look at who has been proferring the invoices and who has authorised payment.
Mmmmmmmm - makes you think doesn't it!!