WGR 0.00% 2.3¢ western gold resources limited.

stockbrokers/directors

  1. 77 Posts.
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    Have held WGR shares for + 2 years along with some other very successful gold stocks. This one has underperformed the rest considerably and its performance reflects a major problem with having one director aligned with a stockbroker. Its not a good look to the broader market and intodays enlightened times is a poor strategic position. Surely we could reasonably expect an independent and more focussed mining based individual for this role.

    My concern is that management thinks they have plenty of time to take advantage of the huge and (rising gold price?) when in fact time is quickly working against them.

    Lets see some action.

    Ps those performance options/deals with those hurdles with a falling share price are a joke and reflect weak corporate governance. I'll back soft deals if all shareholders have benefitted along the way BUT not here.

 
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