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With $1,263,000 in cash on Jan 31, 2008 (which has probably been used up), a no show drilling program and the latest property acquisition (of dubious value) owned by Mr. Briscoe, it is time for the Company to be acquired.
All work on the properties should be stopped and any money should be conserved. While I do not fault Mr. Briscoe's enthusiasm, his selection of management, mining professionals and investment bankers leaves much to be desired.
With a market capitalization of around $9,000,000 an acquisition for stock from a company with mining expertise is in order.
Mr. Briscoe, please consider this a top priority and this could be the best decision you ever made!
P.S. You will probable sleep better at night.
1 member recommends this.
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