These guys have raised a relatively small amount of cash. Everything else that have "achieved" has been the result of Ruane's work.
These guys are smart make no mistake, MR is no fool.
It pays to be mindful of Ruane's other cast offs such as PWN and how well they have done. There has also been mention over on RWD of the Lake Disappointment East drilling not being successful. If this is true then the paleovalley concept may not be as clear cut as we have thought.
I am treading carefully with GRM. These guys are sharks and will have zero interest in minor shareholders.
classic stuff - Lake Mackay, page-13
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