Exactly right - delay, delay, delay, sell shares, sell shares, etc. The best way to ruin the value of a mining prospect is to actually drill it. There is no 40 million in funding, that is a bad joke.
There are a dozen directors, advisors, JVs, and managers living off this scam - what the hell do these guys do all day to deserve a single share? I have never seen a junior explorer with so many mouths to feed......