rodeo, if your information is correct that MIQ just received the complete 1998 drill results from K that might explain the lack of information released to shareholders, but I just don't buy that excuse. MIQ made much of the good working relationship between themselves and K, and I don't believe that the geologists were not talking.....as the owner of the property (K is not yet vested) I would expect that MIQ should have access to drill data on a regular basis, and not have to wait until 6 months after the drilling season is completed.
However, assuming that your information is correct, here is the new President's opportunity to provide complete disclosure to all shareholders (not just insiders and friends). Release the results for all 55+ holes, provide some maps showing drill hole locations and spacing, and maybe then I might cut this guy some slack! The proof of his commitment to shareholders will be in his actions, not in the recycling of the same old stories about the "potential" of the Carlin Trend - after all, repetition does tend get boring!
I have been in this stock for over 2.5 years. I was buying between .70 and .85, and have since averaged down. I am in this one for the long term. I believe in the potential of the property, I just don't think that management has been forth comming with all available information for shareholders. Perhaps I am venting a bit, but I just hate to see old news trotted out and spruced up a bit - we all deserve better than that!
Just MHO.
Regards.
GB
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