I must admit that I agree on BigAl on this one and not just from the disclosure rules. It just doesn't make sense when the company is a high risk/high reward bet.
Its like going to the casino and the croupier takes your money and says go sit in that room over there where you can't see what is happening and we will eventually get back to you.
You are then left totally in the dark not knowing if the roulette wheel has even been spun or if you have had wins or losses but are totally dependent on the croupier being honest. It doesn't make you feel any better if he sends you a note saying you are in good hands because the whole board of the casino just went to Umiat to check out the casino there and they took some of your money to pay for that trip.
Just a weekly reporting on the drilling status is needed to keep us informed about what is actually happening. It doesn't need to be a big deal but we at least need to know if the roulette wheel is spinning and the croupier hasn't disappeared with our money.
LNC Price at posting:
$1.54 Sentiment: None Disclosure: Held
