JP, "I usually don't spend a lot of time doing «dd» on stocks I have discarded, but for you gentlemen, I'll do a favor!!!!"
I'm sorry, but I can't accept your examples. You had implied in earlier posts that other companies gave up on the SAME claims TWG are exploring at Torngat. This is not the case. Your examples suggest Winspear should not have continued exploring it's claims in NWT because it's neighbors drew blanks.
Also, to suggest this story is bogus due to a lack of recent news is weak. You will note that DiaMet did not develop their first apparently commercial find as they had more promising targets to explore. Because one diamond find suggests a mine does not mean the company should sink it's precious financing into that single target when others remain to be explored with the chance of higher yields in same claim block. The same applies between claims. As Bob Bishop once said, "You can't kiss all the girls," meaning you can't explore everything at once. You must set your priorities and be open to change as developing evidence suggests you do so. At the moment, and for TWG, the priority appears to be Jackson Inlet.
As to the president's salary, and while it is high on the scale, you've been shown that it is not entirely out of the ordinary for junior and exploration phase companies.
But, I thank you for the time you put into your replies. BTW, since you are now out of this stock (and seemingly angry at the company), I wonder if you might share just what it was that attracted you to it in the first place? |
