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Re: mc6102 post# 12738

Tuesday, 05/14/2013 12:21:34 PM

Tuesday, May 14, 2013 12:21:34 PM

Post# of 31664
Ray is fully reporting SAGD with regular updates every quarter and 10K's... What's lacking is good news in all of those reports. MOU's don't mean squat, it's a peek at what might happen. Let's say Ray decides to go ahead and lease/purchase the Kelly Project and then sits on it for a year or so... what good is that? We need good news... If nothing else he ought to be releasing the mineral potential of the sites he committing money towards... What data is available convincing him that the sites he's already leased have potential? Historical? All of those phase 1 survey /sampling initiatives need to be completed. Suppossedly, they started last September, we're shut down over the winter due to weather and now what is the status? That's what we need, a status update on the surveying. I've told that to Ray. I've had several conversations with him over teh past month. We'll see what happens.