Ann: Positive Redmoor Study Results & Re-commencement of drilling, page-102

So let me get this straight:

• Gary’s wage is astronomically high compared to other small caps. That is a fact.
•   He owns F All shares
•   He doesn’t buy shares on market
• He doesn’t participate in capital raises
• Company has near zero cash, only option is to raise, now in TH waiting the results of the inevitable capital raise
•   He puts out one announcement every quarter with more or less the same information

This is a dead stock with him in charge. His been in there too long, living off the gravy train that is NAE. His personal salary is way too high for what value he brings to NAE (its circa $300K). My personal opinion is that he is happy with the state of the company, happy to take things slow, let the years tick by, and keep his current salary and keep capital raising so he can keep paying himself. All IMO, until proven otherwise.