"Sooner or later long time shareholders WILL get frustrated and move on with their investment. The company is pushing the limits on shareholder patience."
How do you know this? I agree to the exent that many buyers of exploration mining shares should not be in these kinds of stocks in the first place, and may soon move on, but I don't think they comprise the bulk of long term holders of this issue. Those like myself who have been in this sector through many cycles and over decades wait things out and/or get positioned for news or the turning of sector-wide events.
History shows, in fact, the time to be in anything is when most others are throwing in the proverbial towel, and that's why most individual investors don't make money in stocks - they "get frustrated and move on" at the wrong times.
Patience? I've been in this stock for about as long as I've ever been in any other. In one sense, holding this IS getting old. However, and even with claims being surrendered, the potential rewards I see here get larger as time passes, so I wait (and accumulate).
...not trying to talk you out of anything, ...just the way I see it.
GLTY.
VP