Adjuster, your concerns are more than warranted. And Navygulf,...

Adjuster, your concerns are more than warranted.

And Navygulf, it's all well and good to tell someone to sell and move on...

HOWEVER!

When we're all sitting on fairly hefty losses and that's probably most of us, you want to see either;

1. Progress; or
2. Viable alternatives

I said in a post not too long back that I think the company should have had the foresight to be looking at other options. They didn't and now as shareholders we are stuck with a project that is

1. Slowly churning through funds;
2. Not doing what it is the company was set up to do....and that's explore

I wasn't joking when I said I admire your enthusiasm. I think it's fantastic that you can see the positives but as the price continues to fall, the losses increase, and hence does the frustration. Personally, I prefer to take the glass is half empty approach at the moment because i still don't see anything of substance occurring. I see lots of words that were written to sound like something, but to me they just sounded like the same old same old.

When they announce they are ready to drill, then I'll be happy to say things are looking up.

And I'll be completely honest, as soon as there is any strength in the price, I am out. Some would call that foolish given how long I've held for but so much damage has been done to the investors, not just by the companies actions, but by brokers pushing the stock - its going to take some solid news to get this baby going.

If I was starting over again with WWI, I'd park a bid a little lower than where it is now because sheer boredom will continue to see holders liquidating. This could go to $0.01 - I still stand by my timeline of 2nd quarter next year before anything of note is achieved.

Marchello