Re: Exalted or Crucified...
in response to
by
posted on
Apr 29, 2013 03:42PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I agree Optionsgal with your comments and as I have close to a 90% paper loss to date, I just might lose it all and so be it.
Again I agree the overall junior markets are bad and there are some things management is unable to do anything about. However in my 35 years with BMO and the last 25 yr. as a Commercial Lender (borrowers >1,000,000) I found that when businesses kept everyone informed with there plans, actions and results all went relatively smoothly. When information was slow or virtually non-existant it was usually a sign of things to come. My response to those clients was- Keep me informed and I can work with you on dealing with the things we can have an effect on. Keep me in the dark and I can only imagine what is happening and it generally isnt good. I have posted about 18mos.- 2yrs. ago on slow drill results etc. and saying we can deal with good or bad information just keep us informed. My posts were responded by others (virtually gone) on this board, " be patient they are doing all they can to speed things up", then we find out that mistakes had been made which delayed the results significantly. Enough said about that episode.
I wonder J. Tisley has been mentioned once or twice lately and very little other than that the past year. He was the one I believe that said he wanted his workers to "prove his theory/plan was wrong" and last report he said they hadn't. Is he still out of retirement and working to make something out of this property. Just wondering out loud as many cited his coming out of retirement and involvement as a big positive factor in investing in GNH.
I believe management needs to provide another update to all shareholders providing- Present financial status incl. burn rate, plans for dealing with dwindling cash and Operating plans for coming 6mos.
Just my Monday Rant.
GLTA
JMH