Ann: Notice of Annual General Meeting/Proxy Form, page-20

Funkman, there is no question about the quality and potential of the tenements (I'm with you on this. It's why most of us bought in in the first place), its about the competency of management.

For me, the writing was on the wall when the share price hit 5.5c following a great announcement (and would have run much higher) and a trading halt was immediately called to announce a CR at 3c and then, even at such an absolutely ridiculous discount, still couldn't be filled!!.... indicates that institutions have a good idea of where not to place their money...

... but I still believed..... and defended.... and even slammed the all knowing CheapPrice (may he and God forgive me)...... so lets skip to more recent times and why the SP is at current lows. On the 22nd of September they announced drilling was about to commence at Veinglorious..... and they still haven't even managed to get the rig on site, 6 weeks later!!!! There's no excuses or smoothing it over, that's just outright incompetence..... a long, tiring string of incompetence. If the rig had have drilled and gained some results, the CR and dilution that's about to occur wouldn't be anywhere near as bad.

You can have the best prospects or product in the world but if you don't have the management, it will never amount to anything.

I truly hope I eat my words tomorrow as an announcement is released indicating that the directors are doing something to bring value rather than screwing around with shareholders money.

All hail the prophet CheapPrice!!