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13:01
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Originally posted by Rakkad1:
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Thanks Sainters…. Correct on both counts…. But it’s as an unhappy shareholder that I’m commenting here! I’m tired of the absolute drivel that’s being served up by Stavely! After 10 years of work and 95 million dollars spent they should have a clear understanding of Thursdays Gossan and be able to predict with reasonable accuracy what they are drilling into… but instead it’s like they’re playing pin the tail on the donkey! If it’s the best Cairns can come up with, he’s not worth a quarter of a million dollars plus shares a year, and certainly not what the company is currently paying him. Not a single one of Cairns’ promises, predictions or assurances have come to fruition in any way, yet he continues to blindly flog the horse under him that is not only dead, but is now nothing more than a pile of bones! Even worse is the shady way they are going about it all! I think perhaps Cairns needs to polish up on the meaning of some words…. Discovery is one of those words! You can’t discover something that you already know about and changing the prefix for the diamond hole numbering doesn’t cover up that they have already dumped hundreds of thousands of dollars into this small target, that at the end of the day, was already part of the resource that was existing when they acquired the Stavely tenements. They just keep trying to polish up ideas that they have had floating around since they started the company. This concerns me for a number of reasons… If they are going back to ideas they had 10 years ago, what have they actually learned in the meantime? Do they actually have an understanding of the system they are working with? And leading on from that, if they don’t, why don’t they? They have employed consultant after consultant and followed their recommendations, leading to nothing whatsoever! Successful consultants pretty rarely go wrong in their recommendations, so the only thing I can draw from the circumstances is that there’s something wrong with the company's approach on a fundamental level.
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I think you put too much faith in geologists; at worst they guess, and at best they join the dots and attach some obscure geological theory to it.
