Well it seems like there is an elephant in the room.
His nibs says we are getting fantastic drill results, including 90m @ 1.4g/t or there abouts. But this is at depth of over 250 m aint it? I'm no geo but at this depth are the grades high enough?
Cleary something is wrong big time. Csadeev has been on the money with his assessment. Back to 1.8 cents! I wish I was wrong but it would appear the management have a credibility problem. No one of significance appears to be buying their story. $1.5 billion in gold lol yeah sure there is. Or if there is then the mkt has little confidence they can monetize this. Fair dinkum if the management does not have the confidence to buy even at these record low prices. Then why should anyone believe them.( oh wait silly me, they dont have to because they keep issuing themselves truck loads of free options and performance rights, 29.3 million options plus 10.9 mill performance rights just for his nibs, happy to be corrected if i got those numbers wrong). Yes he would surely be incentivized but with no risk from putting in his own money. I actually dont know if being incentivized even matters if the person can't do the job anyway. Just my opinion and as I keep sayin!g, would like to be proved wrong.
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