You have raised several good points here FD20. DEV's CEO is on $220,000. His company share price increase from 18c to 54c during the period. His company DEV is next to CHN Julimar. DEV has strike massive sulphides and now proven to have PGE's minerals on its tenements from its drilling program. MAN's CEO gave himself 2 payrise, now $270,000 with nothing to show with a decline in share price from 20c SPP to now 6c, a decline of 14c or 70percent. CPN has recovered from a low of 70c to now trading at $1.20, M24 also double in its share price. What is S3 Consortiums role in MAN? Except for the initial promotion of high lighting the company, it has not done anything for the last several months. It has been quiet as a mouse.
Of late, I heard from an undisclosed source that the institutions that paid 20c in the SPP was disappointed with the increased pay in management and the declined in the share price. We could be hearing more of this at the AGM and institutions intentions to do something about it. Changes in management to come!
MAN Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
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