Um ok you are comparing to last year ... who was talking about last year? I thought I was pretty clear my comments related to last quarters net operating cash flow. For a lot of that quarter there was zero drilling ... hence ... they have increased their exploration activities this quarter. I do not claim to have any expertise on whether management are efficient in there exploration activities, simply that I understood why they would be forecasting more expenses for this quarter. Admittedly I thought that would be obvious but glad you could learn from this comment.
Dude - no shareholders like having the share price at these levels. I am all for management accountability too so if you have well researched constructive criticism of management I would love to hear it (along with all other readers of this thread). Frustrated attacks on management and other posters really don't add any value. Personally I think management seem to be doing a good job in tough economic times. Instead of attacking the inferred resource at Rockwood how effective the exploration activities have been in proving a larger / more confirmed resource. If the results are delayed or results are not positive then yes I could understand criticism.
I am the Iceman and you’re not!
EOC Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
