BGL 1.05% $1.42 bellevue gold limited

Ann: Quarterly Activities Report , page-8

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  1. 2,267 Posts.
    I would like the directors to stand up and say they arent the right people to take the company forward. They harp on about all their experience yet they have further destroyed shareholders wealth and worst of all, they havent got a plan for moving DRG forward.

    Drawing a salary isnt a plan. They should at the very least update shareholders on the future diection of the company. If the dont have one they should step down or wrap up the company. I see no alternative.

    Major shareholders need to step in. The company is worth less than cash backing. This means the market doesnt like DRGs future prospects. Cash in the bank will be spent on directors or aquisitions, and then a capital raising will need to be done at these ridiculous levels. Hence why the share price is where it is. The future is bleak and nothings being done about it.

    Its just very sad. Im happy that there was at least a market for me to sell into when I did. I would be struggling now if I didnt.
 
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$1.42
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No. Vol. Price($)
1 1000 $1.41
 

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Price($) Vol. No.
$1.42 21055 2
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