buyers return and a thinning sell side, page-6

@darkhorse

they will need more cash soon, who's going to give it to them? at what price?

they should be seriously looking at attracting a bigger partner to shoulder some of the drilling costs or sell the entire company outright

it has been expensive and very very slow exploration drilling so far

two holes in 6+ months is just not enough to attract funding in this market

they need bigger partner and bigger exploration programe or the company will die a slow death

management is clearly lacking too, Paige blames the #2 delays on the lab but how can you let the situation deteriorate into such a huge delay? the communication on preliminary #2 was clearly misleading IMO (the post ann SP reaction proves my point) and the latest technical mumbo/jumbo ann just to say they have found sweet FA so far...

but the worst is the silence from the company with regards to a meaningful plan going forward, not happy atm