Ann: Quarterly Activities Report , page-3

This desire to grow at any costs is a killer of so many great growth stories
The had modder east pumping cash out and Ventersburg being developed , but like many companies the desire to grow was too much and then went and borrowed money to buy a marginal operation that needed huge capex to potentially make profitable. Now they are wasting all modder east cashflow to try and make Cooke profitable , and it the gold price falls they will bleed cash even with modder east . I hate this empire building by executives at the cost of shareholders