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cheloo03

06/15/10 2:19 PM

#63029 RE: snow #62991

so lets think about it..vale will drill, and find out for us FOR FREE whats in there.. according to previous sampling there is plenty in the ground. I agree we could've done that ourselves, but that would imply more dilution to get funds...and that not only drives the pps down, but also impacts further pps growth...the way I see it it is a small price to pay if we want this company to grow... it's a small sacrifice in order to build something worth billions, and when I say sacrifice, I don't mean its a bad deal at all, I mean we'll just get paid less now so we can get paid more later. its called delayed gratification and it WORKS. If you forget, Ken wants to build value for the shareholders, not for the flippers like you.