Alot of you who don't think having a "proper" board of directors are truly missing the boat. It's not that the current management group isn't doing a great job in my opintion, its just that as the company contiunes to grow, and in the most likely case SHORTLY moves from a small cap to a large cap company, the current management group will require additional "checks and balances" on thier current spending habits and incentive options (to name a few concerns). Additional members to the board of directors won't move the company from its current path, they will only provide added value to all the shareholder on the company.
Case in point is:
* Private Placement at $1.80, 1/2 gos to Pres and rest to friends and family; general public doesn't gets a shot at it. "Interesting deal"
That "Interesting" deal probably would have been reviewed in more detail with a "proper" board of directors for shareholder value and gerenal public opinion.
Lastly, i agree with most the we as shareholders should be getting more/some updates from management. What would it hurt to know that: (Speculatively speaking)
* There is 2 rigs on Tesoro and deep rigs just arrived
* Trenching the other changes of Tesoro
* Drilling on the Vilcoro
Just my option of course!!!
CC!!