Don't forget the Pigeon River hare brain idea for Platnium.
Ardeen gold mine was a real winner, sold for $75K. That year, CEO got a $60K cash bonus. Poor soul, he is so underpay. I hope this year's contract renewal for the CEO, the compensation committee will give Al a blank cheque so he can just fill it out himself.
Why bother to do real mining work? Just go to the market to raise fund and suckers will pay up. Dilution? No worry, management gets 10% of the float, so they will give themselves more options and warrants. They will sell them when the pump phase comes with a press release on hope. Mine gold in Highland at $1,600 per ounce is for children who want to play in the dirt. Pele been there done that 12 years ago. Why generate any cash flow when they can sit in the office, make a few land claims and issue a few press releases. This is the modern day virtual mining (investor) company.
