OAU 0.00% 0.7¢ ora gold limited

It's not panic time, page-26

  1. 172 Posts.
    Those bloggers above who are critical of the THX management need to take a breather and appreciate the Company they have invested into. Results from high risk and deep drilling exploration targets is not a reflection on the management team's skills or performances.... These targets were identified by technologies that provide assumptions as to the make up of the geology at depth and it is not the fault of the directors if the results from the high risk drilling fail to meet the shareholder's expectations.

    As shareholders, we should be assessing our directors on their abilities to keep our non revenue earning investment alive and active. Structuring a deal to acquire the Garden Gully assets is a tick for the management team. Raising $4m plus on the back of drilling exploration targets is a massive tick for the management team. These outcomes provide me with great confidence that in the long term our management team will eventually deliver.

    And on another matter, I don't understand why shareholders are critical at the sophisticated investors for selling out. They have invested their personal funds into our Company and these funds ensure longevity in our investment. If they want to sell out and move their money into other investments - good luck to them and we should be thanking them.
 
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