Are you paid to be so confident every time ?
with my due respect, this CR does damage a bit faith..first of all, in the presentation couple month ago, he clearly stated no CR required, second, there are couple weeks to open the IW2 , fail fast mean, if there is nothing flow, then drop it, we all cut a loss, if the trust last, then we started CR for conventional then... DW bought in couple mil share @Price 0.37 two years ago? , his options were at low price as well, why the damn at 25% off the current market price for an CR?
I m not a ramper, have been holding for 2 year plus, I dont mind to wait another two years, but start disliking the way it plays.. this is the scenario:
1. if IW2 fail, we had enough fund to play conventional? no, we need farm in, cheap price I guess if Iw2 failed, because next CR would be impossible, so salaries are banked with this CR true?
2. its ok, so next step is during the time we wait for the conventional, another CR + another piece land
3. if conventional fail, let play another one,....
how long this will need? another 5-10 years? or till he retire? anyway he get paid by our money right?
what I want to see is an outcome not a business with continuous dilution & illusion, that what they need to focus on, the ann for the bit of Yukon Gold already confused me, we are not major, should utilize SH's fund on existing lease and prove it.
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