Because this is CD's company.
ZNR is actualy broke now on paper: some $220k current asset but $1m liability as of Dec 31 2011. What a great performance over the year. But they still managened to doble their salaries and wages compared to 2010.
They need immediate cash to pay the debt, and the obligations for the option acquirements in the near future. It is a question of how to survive but not how to thrive. These option acquirements are just big burdens if the management is incapable of making that happen.