Re: one more thing about Earl.....
in response to
by
posted on
Apr 09, 2013 05:42PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Thanks TM for posting this link.
One reads this in disbelief that such hateful and spiteful individuals exist, other than in the movies and soap operas.
It appears that the entire commodities market has suffered an unusually long downturn. Many stocks are trading below their net asset value and most juniors are having a difficult time raising money.
I point this (well known fact) out simply to say that GNH is no exception.
Could anyone else have done better at Managing GNH? Maybe and maybe not.
In retrospect it is easy to say they should have raised $50M at $.80 and now they would have money to operate. But who knew we would see this market?
For my 2 cents worth, it is not because the current management has not put their hearts and souls into the project.
Earl points out that JC Penny fired Ron Johnson and states that when a company does not return value for shareholders , dismissal should be considered.
1. This is not JC Penny and this is not the retail world.
2. If GNH management should be dismissed, where does it stop. There are hundreds if not thousands of junior mining companies in the same boat.
3. Most importantly, who would take over? After what we have read about Earl, I hope not him!
Many companies including GNH are in crisis mode. In the next 9 months we will see companies closing their doors and others joining forces.
As Yukon Cornelius so correctly stated, now is the time to get creative and find ways to save the company.
To me the time to judge management is not now but after we see what steps are taken to avert this crisis over the next 9 months. We are in no different shape than many other similar companies at the moment. The test will be what we do now in a time of crisis.
When the going gets tough, the tough get going. The time for judgement is 9 months from now, not right now.
Earl you are only making managements job harder by distracting them with your BS at a time when they need all their energy to be creative. Please cease and desist.
SN