TS doesn't like to actually produce..he likes to sell his tenements....
Well , if CFE HAD been a trader , it would not been in this situation.
In 2008 I like CFE's model...buy in depressed times and sell in booms. This meant plenty of cash on the balance sheet and big dividends
The failure to stick to this model has cost shareholders...
2 Big bad judgement calls
NOT selling Marampa in 2011
Buying a heap of junk for hundreds of millions of $ close to marampa at the top of the market
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- Tony is Doing Nothing Shareholders need to do something
Tony is Doing Nothing Shareholders need to do something, page-10
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