C7A 0.00% 1.0¢ clara resources australia ltd

Ann: Operations Update - Granville and Taronga Tin Projects, page-204

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  1. 921 Posts.
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    I hear your frustration and agree the CN with Lind has been devastating, however I'm more inclined to put that blame on management. Lind are a CN lender, so they can be expected to do what CN lenders do to recover their capital. It's really up to management to keep the SP strong to minimize the impact. I've seen a company run from 5c to 20c over 6 months as CN conversion/selling after conversion/selling occur, each at a higher price.. but to do that, they need to be keeping the market well informed and motivated with good communication and progress.

    Its a bit like buying a pet tiger.. you need to be responsible and setup the appropriate cages etc so that everyone gets along fine. If you carelessly let it lay on the couch next to you and it ends up eating you then its your own fault.. if you bought a tiger, you cant complain when it does what a tiger does
 
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