Esh,Spot on with your comments.  I absolutely agree that...

Esh,

Spot on with your comments.  I absolutely agree that management have disparaged themselves with (1) too long on drilling and cost thereof after the resource was already proved up; (2) allowing way too much bankster control with too many additional share floats; (3) poor regard for the legacy shareholders' value, which has been swept away by the excessive sellout to the banksters with printing more shares.   

I do not believe I have seen this extent of greed in a mining venture within memory; in this case one must face up to this as the ONLY explanation to explain the blatant  theft of shareholder value and equity, since no other plausible explanation has been proffered by management.  

I appreciate your obvious knowledge and your kindly sharing it with shareholders here.  We all need to examine the reality of this situation from a strictly financial and business perspective.  I look ahead to the new year with a small glimmer of optimism that the scales of justice may balance on this enterprise.