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Don't know if it is fair to say RIM is a motivational force....

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    Don't know if it is fair to say RIM is a motivational force. Basically it was already over after Martin and Stacey stepped down. We can thank John for getting Gerry and the new Chairman onboard.

    How would the situation look like if RIM had prevailed? The Investec loan would have come due, very very large cr required (50% or 100% increase in share count). Operations could have been fixed but I doubt it would have been as good as now. And certainly the problem would have been a delay of at least a quarter. What if after RIM takeover December quarter production would have been 10k ounces vs 16k? The candidates seemed strange. Yes, refocus on exploration is right, but only after you fix operations to be as good as possible and pick the low hanging fruits. Exploration so far was only 6m + 7m and it was foolish to spent all that on finding that big elephant that may be there or may not be. Watch your back and THEN go hunting elephants.
 
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