1 who cares how much it made half a year ago. This money has sat here and hasnt made money since then. We could have got bought out at near 20 bucks a long time ago but management bungled it up. Id rather have made 1000% than 200% but kalahari destroyed that for all of us. Why should I be happy about that?
2 335 holes and not a single one exploring the very high grade south to the south...that is just mind numbingly dumb. They couldnt have had one measly drill doing explo work down where they were blindly hitting 50 meter intercepts of 1500 ppm+? Why should I be happy about that?
3 Theyll never get to that 285 million lbs explo target without drilling the exploration targets which they havent done for many months...thats not progress. WHy should I be happy abou tthat?
This is the largest U resources blah blah blah...they arent doing the best thing for shareholders..all kalahari has done is make sure they get paid forever by deciding to build the mine and ask for jv deals instead of buyout and put board members on like alistair who bring nothing to the table.
Theres nothing untrue about my statements. You love this stock and slobber over it. But it will take around 4 years until theyve built out the mine and profits start coming in until we could possibly see 15-20 bucks again. That is ridiculous. have fun waiting sheep.
I know you will go on holding your shares imagining you are part of building this company or some fantasy like that...just try to think about one thing....has management made the right moves in the last 6 months..have they really?
EXT Price at posting:
$7.11 Sentiment: None Disclosure: Held
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