There are better opportunities out there. To be honest, I'm done...

There are better opportunities out there. To be honest, I'm done with mineral exploration companies. There are some great ones, but they also have a great board that are focussed. Emu is a typical example of a company that has a board that is unfoccussed and not commercially aware on how to make something viable. They're basically living off the share holders.

Doug actually called me a few days ago, telling me they would be in Sydney and inviting me to meet with them. It wasn't viable because I'm over 3 hours away. Admittedly, that's decent of them, as they could have ignored the shareholder's concerns. However, they're not going to tell me anything different and I can afford my own beer.

I've been harsh, but stake holders need to know that they're being paid by the shareholder and we want a return for it. They cannot do capital raise after capital raise and then consolidations because they keep mucking up or doing nothing of value.

Have a peek at Moho Resources, run by Ralph Winters. The only digging they're doing is the company straight into the ground.
I'm annoyed I've lost quite a bit of money, when I should have been making a profit, however Australian tax is great when it comes to CGT. I would still rather make a profit though.
The sentiment required button below should have a, "Run and don't look back" option.