Management has been prone to miscues for a long time. I think they are competent enough on the technical/operational side but strategic corporate management is not their strong suit.

Nevertheless, I can't see Sprott or Goodman throwing in the towel here and I think there is plenty of blue sky potential. The total M&I resource is now in the 1.5 m oz range (even if the Barry grade is not what was expected).

At the same time, taking profits yesterday was not such a bad idea.