SUM 15.9% 25.5¢ summit minerals limited

Ann: Further High Grade Assays increase prospectivity at Equador, page-249

  1. MZA
    321 Posts.
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    Matt777 - it may surprise you but I can kinda can appreciate where you are coming from.

    But I do agree with 9tees in that we are living in 2024 - transparency is paramount. So I respectfully disagree bro.

    The ASX junior mining space is a tough business man...just google delisted asx mining companies - not too much room left at the graveyard. Last I looked there are a fair few hundred / thousands of currently listed juniors begging for their moment in the sun....the majority are already half way to the graveyard queue...

    So my view is if you got it flaunt it. Pretty sure in 2024 that is where the world is at. Pretty sure the Kardashian's don't care too much about the ethicial nature in how they became famous & have since made their billions....FYI most of the world doesnt care either haha...

    My point is I think we all realise these shiny rocks we keep seeing don't automatically correlate to the discovery of a massive resource - but geez it sure does help give us all hope that we are every chance man....I would much prefer to have a real time insight to what the field team are seeing out in Brazil then waiting for a kodak pic or 2 on an announcement some time - when the MD can bother to make the effort to put in a decent days work like many companies still do.

    I once heard of a ASX junior mining company a few years back...the MD of which took pleasure on the misconception that exploration spend was having an artist paint a picture of the previaling landscape of the Company's tenements for his office & boardroom....many many more stories like this bro over the years in the Wild West.

    Only a few years back I invested in a ASX tech company...the MD who I knew went to a Vegas Tech Conference and ended up spending company money at casinos and other Vegas 'establishments'....upon ASX questioning him he took the final $600k odd out of the Company account and transferred it to himself for 'unpaid benefits'...company got delisted. shareholders burnt. He went bankrupt. Asx / Asic didnt bother to follow it up. We all got cooked. He lucky he living underground somewhere in a different state.

    So - I have seen first hand unprofessional conduct. It's everywhere in the world bro.

    I don't know management here personally so maybe I'm wrong here - but what I see based on my research & perception is management & Sandro are respectful dudes who are running this Company right - and are having a fair crack at building something awesome for all shareholders to feel apart of & indeed prosper from.

    Also for the record I'm pretty sure soil sampling generally always is a pre-cursor to drilling still and has been for a a fair while. It generally helps in understanding where to optimise drilling success.

    I note you don't hold but recommend others do - so thanks bro I will do just that.

    My view only. Time will tell. GLTAH.
 
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