Originally posted by chillicapital.
you hit the nail on the head chilli,the previous management while divesting R.V.T. completely forgot about the main job.,
WHICH WAS..to keep a the geologist on track and organise the next drilling campaign.WITH NO DRILLING, NO NEWS.
WHEN YOU HAVE NO NEWS……THE SHARE HOLDERS START TO DISAPPEAR,THAN THE SHARE PRICE,STARTS TO
RETRACT ,AS IT DID,THAN THE COMPANY RAISES MONIES,AT A MUCH REDUCED PRICE, SO THE SHARE PRICE TUMBLES AGAIN, AND TWO YEARS LATER, STILL NO UPDATES, OTHER THAN THE R.V.T DEAL COMPLETED AND THEY ARE NOW OUT OF ESCROW AT ONE THIRD OF THE ORIGINAL PRICE. IN THE MEANTIME STILL NO DRILLING. THAN ANOTHER CAPITAL RAISE. A MERGER WITH GREENSTONE. MORE DILUTION. AND THE SHAREPRICE HAS FALLEN FROM 14 CENTS TO 3 CENTS. EVEN THOUGH THE LATEST MERGER WITH GREENSTONE AND POSIEDON HAS BROUGHT TO THE TABLE VALUE WITH THERE ASSETS, .THIS HAS ALSO BROUGHT TO H.R.Z. HOLDERS A LOT OF DILUTION.. AND LIKEWISE A LOT OF EXTRA WORKLOAD TO HRZ EMPLOYEES.,… APART FROM A PRODUCTION SCHEDULE WHICH WAS OVER 6 MONTHS BEHIND TIME. STILL VERY LITTLE UPDATES TO KEEP SHAREHOLDERS INTERESTED,,,,, AND STILL NO DRILLING ANNOUNCEMENTS. AS YOU MENTIONED CHILLICAPITAL I HOPE THE NEW MANAGEMENT DO NOT FOLLOW THE FOOTSTEPS OF OLD, WITH THE MONIES THEY RAISED FOR DRILLING RECENTLY ,,I HOPE THEY MAKE SOME GOOD DECISIONS. I LIKE YOUR $1 DOLLAR OUTLOOK CHILLICAPITAL..IM THINKING MAYBE 30 MONTHS AWAY. N T B T A F A.
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