Here here, Whaler. SRP's are NOT shareholder friendly. They are used for one purpose and one purpose only - to preserve the current management!

I agree, if current management would leave the chicken coup and get out and see shareholders, heck regular news about anything, this step by Clarus (whoever the heck that two-bit operation is) would not be required.

SRP's only lead to mass dilution if excercised. lowering the value on a per share basis for all the original shareholders here.

It also tells me that this management team is a long way of having any sort of a deal in the works. And since management is so good at saying nothing, we can only assume that there is "no work in progress".

A sad day for long term shareholders who believed in this story. The technical report clearly show what we have the potential for. I suspect the "trio of reports" will now not be released anytime soon.

I still believe in this ore body but my faith in management is ata low right now.