Ann: High-Impact Drilling at Mt Alexander, page-70

@mulac1 ..All good , no probs.
I don't call or email management of companies these days, because my experience as just a shareholder has been very poor over the years. (different when running a larger group).

I've been just straight out lied to by some. I can even remember a presentation when a group of us were having a chat with a director (Not SGQ), and he just plain lied to the whole group. Another company all the shareholders were lied to at a couple of AGMs in a row etc. (it went bust).

Basically I don't have any respect for management of these junior explorers until they have earned it by producing results. Good ideas, good methodology in exploration with minimal cost to shareholders to prove or disprove a concept/project etc, even if the concept fails.

Just because there is a piece of ground with promising geology, doesn't mean that there is an economic project, so failure is OK by me if the BOD/management have gone about it in the correct manner and not enriched themselves at the expense of shareholders along the journey. (which happens all too often)

The directors of these junior exploration companies are not dumb, there is always a very good reason why they present market announcements the way they do. When they have clear easy to follow information on what's happening and why, with clear easy to read and follow descriptions of the project and how it's progressing, you can be confident that the directors think highly of the project.

It is interesting the flack I've received for highlighting aspects of company announcements, putting together different announcements, that should have been put together by the company etc. If management had wanted to give good clear views of drill locations on plan view with corresponding cross sections drawn to scale on each of the separate prospects, then they would have done so.

I don't need my hand held by running to get answers from management, I'll vote with my investment dollars. This one took a lot of digging in announcements to find out what's what, and with continued dodging, like lack of clear information about ANY of the resource drilling, (where are last year's results?), I've made my choice to greatly reduce my investment.
I'm fairly certain that if last years resource drilling had thrown up some fantastic improvements on what's known, they would have been highlighting it often. Lack of information often speaks very loudly.

If they start getting things right, then I'll jump in for more and I don't care if it is at a higher price, but for me protecting the downside is the most important aspect of investing.