I am wondering if you could ask management to update their website? There is little to no current information on it. I think management under estimates how important the website is in this day and age. Show the investment community the geophysics that show the large geophysical feature called the 119 and 119 zone extension. Management should know that they need to give the market more information and a cheap, easy way is to use the website, this is where people start their DD. There is a lot of geophysics that could be put on the website but for some reason only shot is being used. The use of 3D modelling also would help show people the size of this project.
Some more management discussions could also be put on the site. This way people can get an idea of what is going on with the company. A letter to shareholders should be done at least on a quarterly basis. A lot of companies do this and I feel this would help a lot for the stage that SRU is in(pre-development) Give us updates on the Holy Grail, the metallurgical system. This is the most important aspect of the operation right now, keep us updated on the progress and how soon we can expect the pilot plant to be up and operating. Has there been discussions to deal with the acid that is generated? I know Areva is in the area and looking to start a uranium mine, has there been discussions with them to take the acid? how about the power generated, has the gov't become involved and have they shown interest in purchasing the power for their communities. On this, does management think the gov'ts will help out with some of the infrastructure in order to get this project into production? I mean this project could keep a few generations employed with high paying jobs, there is a lot for Nunavut to gain with this mine going into production so I would think they would want to help out?
Now, whether we agree or not management has decided to drill in new areas that show promise. Management should discuss this and update us and the market as a whole on why they are doing this and what strength the readings were in these areas to make them decide to drill these locations. Give us more info on these locations, this way the market will understand this switch.
Right now the market is not liking our stock and there has to be more of a reason other than the global slowdown. Is it the switch to drilling new locations? Is it management's inability to keep the market updated? For a company that has so much going for it there is no reason why we are not much, much higher than the 15 cents that we currently sit at?
Now a few more questions, do we have the 30 million tonnes, will you update the amount of metal that is in the 30 million tonnes? Will there be a resource for the PGMs in the massive sulphides as well as the low sulphides? We have been led to believe that a resource would have been put together a couple years ago and as of yet nothing. How soon will you announce the tonnage and how soon will the pre-feasibility/feasibility study start and when will it be done?
Now, the board of directors, can management tell us how involved they are in the business? I mean, some are very well connected and I think if they were to start telling their "friends" about the project maybe some excitement may come back into this play that seems to be in the doldrums.
And the last question, does management feel Seymour Schulich will keep his money in the company when it is not going up in value? I am sure he wants to see his money work for him and if I had as much skin in the game I would be making sure the company is doing everything they can to improve shareholder value.
