CY5 0.00% 11.5¢ cygnus metals limited

Ann: Large spodumene-bearing pegmatite outcrop discovery, Auclair, page-4

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  1. 836 Posts.
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    releasing a "discovery" announcement on the day the release capital raise shares doesn't exactly pass the smell test.
    have to say for all the hype originally gave to this Southam guy, he's significantly underwhelmed. the "aggressive" drill program got cut short, hardly any results hit the market, and spent the whole time doing the bare minimum to pay himself his performance shares. on top of his somewhat egregious $600k salary (for a junior explorer).
    i only hold 10% of what i originally did (all bought pre-pontax acquisition), but its still been a punish watching them underwhelm for the last year.
 
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