I do not think I will buy in MSR ever again when Susmit Shah has been nothing but disrespect towards a shareholder of 3 years with a holding of 10M.
All I can say is good luck, although they have substantial cash backing, but if you review the past 12 months, you would have noticed that they have not done anything. You would argue that they have published the JORC report, but the JORC was basically from previous work, and then 6 months without any single news apart from quarterly reports, then the drilling results. When it finally came out, the grade reports were not particularly outstanding, when you compared to other gold producers. So not sure if it will be profitable.
Also, when I confronted Susmit on what the board has done, all I got is a cold and rude response followed by hanging up on me. I cannot agree on the investor relation managed by MSR for this reasoning. Even if MSR turned out to be successful, I would count myself unlucky as I simply cannot agree how they mistreated their shareholder of 3 years.
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