Ann: Investor Presentation, page-3

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Gennaro

188 Posts.

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22/02/23

13:48

Post #: 66396426
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Originally posted by bob1010: ↑

I have lost a lot on this stock.
They have some of the best ground in Ecuador but that has been thwarted by some of the most incompetent management on the ASX. Broken promises and no clear strategy. Management refuse to answer to emails with any sort of technical questions. I have a feeling this stock will see 2c soon.
I have a few tips:
1. GET THE RESOURCE OUT - this is not hard but they seem to treat their shareholders like fools. Better to have had it out 2 years ago with upgrades every year. This is a no brainer. It is clear they have done a resource and not published it. This is not strictly within JORC or ASIC guidelines.
2. GET RID OF THE FOOTBALLER - This is not a business for people who have no idea what they are doing
3. Makes steps on Jerusalem - Organize the Garemperos and give them IDs, health and safety equiptment and purchase the gold off them. It is the first step to getting hold of the deposit again.

This ground is unbelievably good and they seem to have a decent geological team. News flow should be on Dynasty not Copper Duke. 70% of capital into a gold resource that has and could be mined and 30% elsewhere.

SORT YOUR S*** OUT

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@Bob. I agree with all of your comments. Looks like great ground but incompetent management which frustrates the crap out of me. I now expect Mr Carr to be stepping in to buy more at these 5c levels.
Ive been a long term holder in the stock. Presentations look great but I have no confidence in the people to make it all happen. I will continue to keep my holding in the bottom draw.

TTM Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Investor Presentation, page-3

Latitude 66 Shares Surge 8900% on Promising Exploration Update

XReality Group wins $800K contract from Aus Government for military and police VR training tech

ACCC raises competition concerns about acquisition of Lendlease projects

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

Askari sets exploration target of up to 323K ounces Au at Burracoppin

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Ann: Investor Presentation, page-3

Top Stories

Latitude 66 Shares Surge 8900% on Promising Exploration Update

XReality Group wins $800K contract from Aus Government for military and police VR training tech

ACCC raises competition concerns about acquisition of Lendlease projects

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Askari sets exploration target of up to 323K ounces Au at Burracoppin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News