AUL austar gold limited

ann request, page-3

  1. 4,289 Posts.
    HERE, HERE HM. I couldn't agree more. I beleive our directors have great integrity and are trying to do the right thing. They are very accomodating with emails and phone calls etc.. and I am very happy with them as a shareholder. BUT, if I could pick one thing to possibly criticize them it would be for not keeping the general market informed as much as I am sure they could. IMO they are serious about turning Mantle into world class operation and I beleive one of the many attributes serious investors look for is news flow. They like to be right up to date with whatever is happening within the Co and if they can see a well laid out plan coming together, step by step, they are not only happy to invest, but also happy to leave their investment long term. In other words, knowing progress is being made and being able to see the big picture is a catalyst for long term investment and eliminates the temptation for selling at a low on a whim(for example after a couple of bad nights on the dow). Full transparency is what we need and want(oh, as long as it's all good news that is).

    Of course, this is all just my opinion, and as I have said I am very happy with both my investment and the quality of our directors, but I can also see where doubt can creep in and nervous nellies will be tempted to sell, and these tiny parcels that slowly sell the share price down do untold damage IMO(for example I beleive we should have been raising money at a higher price than we just have, though not complaining as I picked up a heap). I am sure the directors are sitting on enough good news for us to rally significantly, but may not realise its importance, as to them it is just day to day stuff and they are focussed on the big picture. There would be many small steps towards the JV that have been acheived but we don't know about yet. Many negotiations with both government departments and Exergen that we don't know about yet. Early discussions on finance, transport etc etc...and thats just at the BM project. Steady news means steady increase in MC and less day traders, all of which helps to slowly turn MNM into a more attractive proposition to the insto's IMO.

    That's my little rant that probably only makes sense to me!
    Cheers
    B Rubes
 
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