EOC 0.00% 37.5¢ endocoal limited

DDzxUm ok you are comparing to last year ... who was talking...

  1. 1,517 Posts.




    DDzx

    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!
 
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