Something's brewing, page-16

I feel compelled to make further comment given I am in to this Axiom experiment for a 6 figure sum. Yes, the comment is not positive but it is also largely based on empirical evidence to date and or lack of Company feedback. The notion that no announcement from the Company is somehow above reproach and the special domain of learned and all knowing Corporate Governance is total twat. Rather than giving a message of collective governance and mature stewardship; the current impasse suggests just the opposite - clueless and wishful thinkers at the top. The longer this knowledge vacuum drags on, the more convinced I am that our highly paid leaders have no idea. If this is the wrong perception, unfortunately the market suggests I am right. The idea that a corporate banker type can run a mining company in a third world precinct was always stretching credibility anyway if you think about it.

The self glorification through high/excessive remuneration sends two messages as I see it. Firstly, the CEO considers his unique talents are worthy of the of the monetary reward - presumably because he has value added to the share holder base and continues to do so on a daily basis ( anecdotal evidence suggests he has actually undermined share holder value consistently). I may add at this point that even the long standing and patriotic supporters of this company are currently holding significant losses as we speak. Secondly, the high remuneration sends a very clear message that numero uno is top dog and that this is his personal company and if the peasants want to participate, well they can on his terms only. Nice one RM, I got that message 2 years ago. Some are slow to cotton on.

There will be more CR without doubt and more dilution. The last lot of suckers at .28 cents must be incensed by now; one wonders how big the potential remaining investment pool is going forward. News of the Axiom track record must have done the rounds by now. Please don't get me wrong, I have not given up on getting Isabelle back or that a miracle might happen - heck I got more money down on this game than most here me thinks. That just makes me a bigger potential loser rather than better than any of my fellow investors by the way; but the BS from the top and lack of corporate direction (yes I know about the mining by April Plan), means that the governing body of this company are sending very loud messages that they are not in control. Regular Company up dates SHOULD be forthcoming.

Finally, my colleague SJB has cut his losses, Charliek said he/she would pull the pin end October, Shane Hardy sounds a lot less convincing than before and Invest-for-it (well he only turns up when they need money).

What the 'F' we have a mining manager on the payroll is just galactically stupid. Better money would go into the services of a Government Liason Officer.

Time is running out and the top snorters know it. Maybe that's why RM has invested heavily in an un-related company. The look is bad and the message I state is fairly obvious. Put up or sell up and walk away because every day matters. Wake up CEO and the Board, the game is on right now.