thx and umc the next play, page-52

Magikol

I am concerned about admin expenses - its a cancer atm
Yes they have good prospects
I doubt they could raise debt funds atm
Raise share capital - of course at a cheap price
But they need to back a couple of projects so they are ready at the begining of the next upswing - not at the end - because the next upswing if or when it comes won't be as long as the last we just had

Then they will have cashflow & can borrow funds to develop further without diluting us once again
They must be proactive now - stop sitting on things
JV other potential projects to manage the risk to completion...& not burn cash !!
Anyways - who am i to say - they won't do anything - except sit on it & tell us all about the potential all over again
As I have said before - this company has been around to long as an explorer - i feel for the loyal shareholders
However dreams are free !!