FMJ 0.00% $1.00 fortis mining limited

Jitto remaining on the board was the only faith I had in the...

  1. 51 Posts.
    Jitto remaining on the board was the only faith I had in the company.

    FMJ went south, IMO, ever since "Madame" or whatever alias this woman wants to call herself, wrestled control over the company. No company statements released to the market are now signed (fact) which makes me wonder who exactly is running the company, she hangs around in meetings for mere minutes (fact), you call the office and you can't even be put in contact with her email address (fact), she can't even disclose where in China she is even from in that recent media interview (fact). Anyone else find this lack of personal accountability slightly troublesome? This is the person after all in charge of facilitating Aussie money between Kazakhstan <-> Hong Kong <-> British Virgin Islands (fact).

    Vested interests may want to call this a "downramp", but its all just facts on the public record:

    http://www.theage.com.au/business/madame-steps-in-to-put-the-fortis-house-in-order-20120627-212vw.html

    http://www.smh.com.au/business/nab-joins-muddled-echo-party-20120306-1uidp.html

    http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=FMJ

    Previous posters on this forum were warning about all of this, my only regret is I didn't listen to them sooner. My biggest criticism of Jitto, is he let this woman take over this potential Aussie success story. He gave the top prize away for too little in return. Share price was otherwise doing great when he was chairman.

    I'm out and never coming back.
 
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