Thank you EM for that inspiring update .........did we need to...

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ikarat

26 Posts.

09/12/14

16:37

Post #: 14433787
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Originally posted by elphamale ↑

You have to feel for all long term individual shareholders ATM, large and small.

The promise of a 9c CR earlier this year to fund development has instead evolved into a 1c share price and mass dilution (since and forthcoming).

At one stage I was a Top 40 shareholder but when the cracks started to appear under former management I felt it necessary to divest most of my holdings in order to protect my capital. Thank goodness I didn't hold onto the dream of a great outcome for too long, although I did make the mistake of not banking some very healthy profits at the time.

The sad part of it all however is that Mt.Kare has so much potential (that is the one belief LT holders have maintained all along) but former management made sure that there would be no happy ending, due to their complete and utter incompetence.

And without blaming the new (& incoming) corporate vultures, the reality is that they have begun their feast (in part to keep the company solvent which I understand) and will inevitably tear the guts out of the old IDC scrip, so much so that long termers will be left holding a skeleton of their former share in percentage terms.

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Thank you EM for that inspiring update .........did we need to be told ?...... I don't think so !!

You must be such a clever operator........tell us more about your success story.

IDC Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
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Thank you EM for that inspiring update .........did we need to...

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