KRB 0.00% 2.3¢ krucible metals limited

Ann: Return of Capital - KRB, page-25

  1. 658 Posts.
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    Compared with what the previous management inherited, and solved effortlessly mind you: no money, no time, no plan, no investors, no demand for its discoveries, industry worst economics, a dozen untested tenements to maintain without funds, and not one single announcement blaming anyone else, just got on with it; compared with this management, all the cash in the world handed on a platter, no work to keep them busy, no problems other than what they seem to have exacerbated by unceremoniously dropping the tenements and or trying to manage remotely, we now have 9 months of constantly decreasing SP, inaccurate claims about Torrington’s resources, so far no returns to investors, and always, always someone else to blame. Not symptoms of strong management if you read Forbes. This company’s situation is a disaster IMO and I agree with Wazza; why would you pay even 7 cents?
 
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