Good write up g/squid and while I agree with a lot you have stated I can assure you that there are some areas you simply are unaware of with regard to what is happening, and more particularly what has happened. Did you know that the 'new' Board people were absolutely and unequivocally aware that to retain the leases money had to be put into Modena by a certain date in September, which they said they would absolutely do and then failed to do so, putting your assets at risk! This is being stage managed beautifully but it won't wait forever as discussions with lease holders is in severe jeopardy due to current Board inactivity and refusal to listen to those on the ground.
We couple those issues with another Director resignation notified today? Looks like the three wise men may have had enough of the fourth, or perhaps someone knows more than they are saying?
I never have a problem with anyone protecting their investment and will support those who do so if they truly believe it is the right thing to do. I also support those who no longer wish to continue with the ongoing saga many companies provide us with. I guess with junior exploration (penny dreadfuls as some call them) stocks it is all about risk and with that comes one possibility, or one other.
And just so you are aware g/squid, I have a good knowledge of these particular leases having consulted on them for another group that was looking at them at one stage. Have no doubt they are good assets, but to work them you have to have them, and that's the only way to make money from them.
IMHO of course
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