TX3 25.0% 0.3¢ trinex minerals limited

Ann: Uranium Mineralisation Intersected at Gibbons Creek, page-8

  1. 486 Posts.
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    I would have never expected it to get this bad. There was good price action at 1.2 which I loaded there, then bought the house at 0.008 - being down here just shows how poor, managements judgement has been. I have been a shareholder on and off for years though, so I can comment on the below.

    The board needs to look for new management and the both the board and executives need to stop relying on chasing hot minerals as their mechanism to to boost share price. Its a strategy they have been using here for year which doesn't work, when will they wake up. They should focus on one or two projects, explore them properly and spend the money. Once satisfied, no economical resources exist, then relinquish or sell cheaply to stop the overhead.

    The sad thing is now Dahrouge will be in full control of the company given their stock, the management and their strategies will likely continue to hang around.
    Last edited by GePembrok: 27/03/24
 
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