yeah dobebite I'm just sick of waiting, when they bought into...

yeah dobebite I'm just sick of waiting, when they bought into the project they must have figured corruption was the #1 problem and they have failed to make any impression whatsoever, 2 local partners later we still have nothing, 2 million dollars on exploration to upgrade their stake to 80% and nothing, 8 million dollars to administer a series of companies that are yet to achieve anything meaningful for shareholders and still nothing, and if these people are serious about selling assets to waste more money in west papua that will only confirm what I feared a couple of years ago.
as for not releasing any updates I personally don't have a problem with that, they have nothing to say that will strengthen the share price so why would you, as they say" better to have people think you're incompetent, than to open your mouth and confirm it"
I sold out of poorly performing stocks I've held for a while to build a big stake in west wits, and they have since moved in to non mining activities that have seen their fortunes rise considerably, hence my question earlier- how much more money should be wasted at derewo before we say that's enough!
regards timmo
p.s I could ring the company and get an update that paints a rosy picture but how has that worked out for us in the past .