trtkdj,
don't delay your humour posting..
go to Word,
Create new document
Write "CTO Quarterly" as heading
" blah blah blah
Yours
M. Lynch"
Select Save.
Post to HC and your done.
First time factual Quarterly, no errors, no omissions, no forever blue sky, no delays, no over promising and under delivery and no smarmy photos of the Board to endure.
I will continue to kick this company in the guts as hard as I can until I actually see some professionalism and some results. And stop treating shareholders as mug punters. I'll end up losing a house values worth of money if it goes under, but I'll get some small but perverse satisifaction knowing that the Lynchs' lost all their years of effort and their dynastic little dream evaporate.
At the moment all I see is a comedy of errors turning to farce. Here's a challenge...seriously. Name one thing they have done right and done well since they acquired the leases (other than survive).
Zing!..gotcha.
Pretty clear Dad was the brains of the outfit.
I think everyone at CTO from top to bottom must know they are at the end of the rope and they have got to start landing some deals, or producing enough gold to have a sustaining revenue. Any new funding source roped in only needs to ring one local broker to know its a zombie mine with a falling share price in a rising gold market.
As Mark Twain said "A gold mine is a hole in the ground with a liar on top", CTO has a hole in the ground with gold at the bottom, and still can't make money. From day one they have made wrong decisions, in hindsight, about almost everything, A liar might have been more entertaining.
So please, name some things they got right....
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quarterly activities report due in 2 weeks, page-5
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