Re: Shareholder Communication
in response to
by
posted on
Aug 26, 2008 03:55PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
...mining as a business can be very profitable, once you have spent the $ 100 s of million to get their . Dale in my opinion has excelled at this CEO position, unfortunately, along the way an extra ten or twenty million is required and you have to go to your backers for these funds. Funds managers are great people, and know a thing or two about the mining industry, maybe not about geology , but sure know how to turn a share price, unfortunately the Funds have a lot of tools on their side and its all legal. Dale could go public every day with Sans story, but he can not control the share price, this is left up to the Funds like the ones that Dale referred to on the last talk show..no matter how good your intentions are as a CEO, if you don't have backers behind your back, then as a CEO you can never win,.Traps7