Well, twelve months have passed since capital was raised to test the Centre Country at Glen Wills and not a sod has been turned. Gold prices are at record levels and the company is sitting on a gold resource awaiting exploitation. The company's new consultants advised the new board some months back that the program established by the previous board should be implemented. We poor hapless shareholders have watched these incompetent offshore directors preside over a diminishing share price and dwindling cash reserves. One can only hope that a white knight will arrive and place the board in a situation where they are forced to let go of the significant assets that the company holds and enter into a joint venture/takeover arrangement. GET READY FOR A CAPITAL RAISING FOLKS!!!!
SML Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
