firstly, i should probably apologise for my harsh response....i...

firstly, i should probably apologise for my harsh response....i would probably serve this thread better by simply ignoring you...
The DRC, i agree, the silence is deafening. The quarterly says its under review. It was mentioned that funds raised would go to that review, but gut feel says its no longer a priority, and its certainly not why i bought in. The DRC deal was a cheap, option style entry, so if they decide to pull out, then there are no legacy costs etc tied up to it. As mentioned before, i am here for a future deal, the past is of little consequence.
It seems that due to the "bleeding noses" selling out, that i blew my wad too soon in buying in, but i'm in for more. Only time will reveal if it is a folly, and, i wont be able to blame anyone other than myself.
Now, the value is even more compelling.....a MC of 5.4M, with probably a tad over 3M in cash, the Bluebird stock is worth around 400K, so, EV is likely to be under 2M.....compare that to recent cashbox listings, or, even though its apples and oranges, the EV of WFE (50M+).
All these facts are well known, and no doubt, smart money is waiting for the lemmings to bail. As with any shell, the game is to buy at or below the "sophs" entry, and wait......this is a waiting game, throwing toys out of the cot, bagging the stock or management doesnt achieve anything. Its a waiting game......theres lots of projects out there on the market, if the board wanted another cheap and nasty deal, they could have found one easily.....sorting through the selection to find a good project takes time