Tuesday, June 08, 2010 2:18:11 PM
No I did not notice the letter posted from John - thanks for the heads up.
I like others am not very pleased with the lack of information as I am of the same belief that if there was some type of positive data to report it would have been reported. However the recent FR did say that they will supply extraction results twice per year. It also says Field reports will be given at least once a month to keep shareholders informed. Press releases will be used when there is a material change in the company or news worth event
It does not say that they will not provide any extraction data in the field reports but will provide the reports at least once a month.
So, twice per year we get solid extraction results. Hopefully, at least monthly, we get other information through the Field Reports. I can read the twice per year results two ways. One -Negative - it gives the company the opportunity to not report when operations are not going smoothly. Two - Positive - Rather then issue lots of PR's and waste money, provide at least PR'd extraction results twice per year so shareholders know what has been mined and as an added benefit, use the FR's to fill in the blanks. Personally, I would have liked to get solid extraction results quarterly - or at least a solid update quarterly with more information as to what operations are taking place, what is planned, and a true status on how the operations are going.
I suggest we give them a chance to do their jobs and lets see if we get at least one FR per month with clear and concise information.
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