Jesse - by Jove if they gonna spend $7 million of our yes our money, they better find something.
The $7 million is NOT Ashtons money, it is the hard earned monies of investors who get up early every morning, work at some earnings related endeavour, and decide to place some money in the various financings of these junior resource companies.
If Ashton was your employee, and you gave him $7million, you would expect that employee to come back with something, not just spend the $7 million, and come back asking for more. You might even be inclined to fire the employee for such actions.
So it is with all these juniors, they are using our (investors) monies, not monies that they have earned, and we the investors expect these guys to dam well get their asses in gear and produce something for our earnings investments.
Thare, I've been pretty blunt, but I expect Ashton isn't the only company that should understand that the key to their success is the funding from the investors that pay their salaries, pay for their offices, exploration geophysics, exploration drilling, their vacations, food for their wife, kids, family, dog, and cat. |