re: Ann: Letter to Shareholders - The Move in... "SER management...

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    re: Ann: Letter to Shareholders - The Move in... "SER management has proven their ability to monetize their assets & have created enormous value over the last few years without asking S/holders for cash."

    They got a nice leg up with the shares,though 3500.

    Up to date,I dont think either our technical director or the geo,are worthy of their respective incomes,or the shares they got.

    The two hole drill program at Falcon Bridge is a classic case in point.

    It seems funny to me that rnu,next door to us are kicking goals and we arnt at Cultana.
    The JV partner in Myall Creek are Killing us,with their lack of money.
    Effectively we've got a resource bank,not a resources company.
    Yes those that have stayed the course have finally benefited with VXL,after some major dilution.

    I certainly aren't talking this company's management up,uh ha no way.

    The departure from the IOCGU deposits to near surface Cu mineralisation ,IMHO has still not been explained satisfactorily,given to date the nonexistent Cu,after the first round of drilling.



    Raider



    In the land of the blind,the one eyed man is King.
 
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