Gungadin i cant agree more--just last 12 months longer term holders down 80% roughly. I know management took a pay cut,but i dont know what it is now-the CEO was on a salary of $550,000k--but like i said i dont know what it is now-That alone was ridiculous as if you equate that to the CEO of BHP-he would be on billions as per the size of each company.I wonder what is happening with Gum creek,we seen the spiel but no action yet?Frankly i am so over some of these small caps,overpromising and under delivering.They need to be upfront with shareholders and state a clear plan,the price they need for nickel to mine profitably,get rid of borderline assets,take another 80% pay cut so they feel the pain like the rest of us.I am still holding with a substantial loss and am seeing no affirmative action from management-I suspect they are drilling on the same tenement trying to shore up the reserves in the ground-A word to them----that is USELESS unless it is viable to mine at 9k a ton.I know CBA took a stake at 60 cents,does anybody know if they still hold?.Hope to hear from management soon,with a proper plan,before it is just too late---cheers
