But he is the CEO of the company, what do you think he's really going to say? "yep those were pretty dismal, that's why I don't own any shares." sure we might have better results elsewhere but 0.1% is terrible, no question. even if it is "open at depth or elsewhere" the likelihood of it magically changing from 0.1 into 1.5% is fantasy.
Of course he will say positive things. We need to consider the CEO's of these companies the same as politicians, JB has a RIDICULOUS annual salary so the incentive to create shareholder value is just a byproduct. He gets paid either way.
Ragisd you seem very confident in the gold, and have an open line of communication with management, may I ask what you're background/profession is in relation to mineral exploration? just looking for a bit of advice as to what the direction of this looks like.
I am holding just to hopefully get at least some value back but this whole thing just seems poorly done. I don't understand why they never explored more around or drilled at the historical 32% spot? plus where they did drill doesn't match the samples? ultimately this has been a spec gamble.
RR1 Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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