Hello Fello Shareholders,
In an earlier post I had made - I had suggested the spin out out metal mines is possibly an attempt by RM to help his good friends out and would cost investors more money...not exact words but in a nut shell.
Hiring Gale Capital as investor relations confirms the Good Ol Boy Club is live and well here! Gale Capital has again in my opinion done a sub standard IR job. Nothing has been done with Nitinat in over 3 years! Gale is being paid by Inspiration mining I believe it is 5k/mth plus undisclosed stock options. Now it has received another contract for another 5k/month plus stock option - who wants to bet Gale Capital is selected for Metal Mines as well ... another $5k/month - the new total cost will be $15k/month - pretty good for Gale Capital - pathetic for shareholders. Randy sure know's how to take care of himself (1,000,000 options at .34) and his good friends!
This entire story is looking more and more like a "howie street shuffle" ( I took this expression from another individual who posted on the board - and I'm must admit he looks like he is more and more correct in every management decision being made!!), I can't believe for a TSX stock the things Randy Miller is getting away with!!
I believe the metal mines spin out will only benefit the likes of Randy Miller and Gale Capital - and anyone else close to him.
Has anyone received an update of the personal loan + other undisclosed loan?
I think investors better take caution with the management of the company!