Here's an idea. Why don't the company pay us shareholders to come out with metal detectors, and walk all over their tennemants. We agree with them to take have the profit (which should be alot considering the costs of flights and stuff), and then everyone is happy. Shareholders make up for some of the money they have lost in the company, and the company gets some additional cash-flow without having to do mining/get planning approvals etc.
Everyone would be happy. Well except the owners of the land, with a 1000 people walking all over it.
Not a bad idea if I say so myself :)
Just want to point something out though - this is only one tennemant. They have access to a crap load more tennemants thanks to De Beers agreement, and they are doing nothing on them. Wish the company was flush with money. Then they could check all of their tennemants.
My tip on the gold is a farm out - if anyone was interested!
FXR Price at posting:
26.8¢ Sentiment: LT Buy Disclosure: Held