I find it disturbing for you to defend management when rumour has it that last Feb, all mining equipment from the Tesoro was being sold at pennies on the dollar for quick sale? Now where is the rationale in selling the mining equipment, if the company intends to mine? It may have also been sold at a time when there is no money to buy new equipment and deny a conservative way to create revenue?
Do you know if this rumour is true, that equipment was being sold off, or is this indeed just a rumour that contains no merit?
thank you
rick