ADY admiralty resources nl.

agm, page-24

  1. 655 Posts.
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    pgamble
    I wish i could have changed the past, thanks to Phil Thomas + JA, i lost $ 1.5 million dollars on ADY.

    Firstly the absolute lies that PT was emailing me, a long with numerous phone calls, all to convince me not to sell..promised joint ventures + funding, all in the bag where Phils comments, nothing to worry about.

    I spoke with JA for approx 1/2 an hour prior to last years AGM, once again, was advised not sell out, was possibly at that time 3rd or 4th largest share holder, was told by JA that all is well sale of Rincon was going through as we spoke, whit the sale out of the way, iron ore shipments would fire up, cash flow would be positive...nothing to worry about...the sale wasn't going through as we spoke...!

    All i can say on the matter is these directors cannot be trusted ( I cant comment on MP) however based on my 1/2 hour conversation with JA i couldn't trust him.

    Why would they use there numbers to give themselves free shares when it was apparent that was not the wishes of share holders...arrogance + contempt for share holders....judging by the sale side of sellers today would appear mot are bailing or at least wish to bail..


 
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