CTS contact uranium limited

coracahi a dud and work halted, page-5

  1. 256 Posts.
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    Is there anyway to take action?

    i.e. I remember when there was an announcement regarding resignation of one of the directors about 1 year ago and again the other week - no explanation.

    Richard Napier was getting paid about $350k per annum and all he did was ramp about how good the uranium was and it comes in at 1/3 of what was there historically.

    Disclosures have been very poor.

    About 2 years ago they said they would be in production by end of 2008.

    Resource upgrade was consistently delayed - mind you it was a downgrade.

    These are some things I can think of but there are a whole lot more.

    Having said that the company still has other projects but my concern is its cash balance.
 
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