Kreiger the Colorado drill has been dragging its heals for years. Finally some action but management have elected to decrease our holding 50% to 25%. Not exactly great vote of confidence.
BUT we are doing SOMETHING. That's a start.
Having already spent money on project in getting to this point at least we have retained 25% and not dropped completely. The operators have a good track record so you never know?
Can't see this project going anywhere if this first drill is a complete duster. We live in hope.
Markets excited. NOT
Moving on management have been looking at other projects for a while now so the proof is in the pudding.
I don't hold my breath with this lot I ran out of oxygen a while back.
I would like to be more positive but honestly as a holder of this stock for a quite a while now it has been nothing but a let down.
The above is my opinion as a SH only as always DYOR.
Ann: Quarterly Activities Report, page-3
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