Fiscal Discipline

If you read through the executive summary (below) you'll notice a theme emerge. The theme of course is fiscal responsibility. As company president, John Marconette stated in the press release, "it's about discipline." Indeed, fiscal discipline is what separates growing natural resource companies from their competition. What we have done with our executive summary is commit to an approach that will ensure that we not jump too quickly into production.

The motivation towards full production can be great given the excitement that results. These short-term gains though can commit a company to what amounts to a very high stakes gamble. While risk is always an aspect of any undertaking we must be sure that we make the distinction between investment and wagering. Given that the company can invest in expertise that can manage risk, doesn't it make sense to fully utilize our intellectual assets before we commit our hard won capital? The executive summary is the answer to this question.