well said Flaming, couldn't have said it better myself.

First 34 Last

Share
Profile

Follow
bj789

2,883 Posts.

315

15/07/19

22:06

Post #: 39532100
Share

Originally posted by flaming: ↑

Please join the Club.

I did that a while ago what you just did.

This company is not there to do something and return to shareholders. It's there for management and director's to have good life at the expense of shareholders. After the money received from the sale of asset in 2015-16, they should have bought something in Australia. They received over USD $12 million dollars.
Instead they hop around from one difficult asset to another one. In that way they can sit on their desk and take the pay cheque. Buying an asset in Australia means they have to really do something. Now they sitting around saying waiting for exploration permits. Burned few millions in Tanzania, now in Cote'D'ivore....
until that money in hand is gone. Next Cap raise with some more blue sky BS.
I just imagine if RSG decide to sell their share (as they have their own trouble and might look to raise money)......there will be no buyers. 6oo million shares...no one would take it.

Shareholders should all get together.......call a meeting....sack all the people involved.....get out of those difficult jurisdictions tenements in Africa. Start fresh here in Australia. There are plenty project in WA worth a look. Recently RXL have done a fine job. I decided to sell this dog and keep RXL as they are at least trying to do something.
I don't know what these managements get paid for. Amazing.

I like to apply for a job at Manas Resources.

Job Position- Permanent Full Time Bludger
Job Description- Doing Nothing and don't have to do.
Experience- Never done anything.
Salary- Minimum $100K + Bonus (for pretending to so something but not doing anything) + Super + Travel expense. A company car would be good as well.

You are hired.

Expand

well said Flaming, couldn't have said it better myself.

MSR Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HAS

Hastings progressing Yangibana to production with lower costs

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

There are more pages in this discussion • 7 more messages in this thread...

First 34 Last

Add TCG (ASX) to my watchlist

(20min delay)
Last 33.0¢		Change 0.005(1.54%)		Mkt cap ! $247.7M

Open	High	Low	Value	Volume
32.0¢	33.5¢	31.5¢	$577.9K	1.763M

Buyers (Bids)

No.	Vol.	Price($)
4	97360	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	37000	2

View Market Depth

No.	Vol.	Price($)
4	97360	0.325
3	530711	0.320
3	102602	0.315
4	126984	0.310
3	100000	0.305

Price($)	Vol.	No.
0.340	37000	2
0.345	14792	1
0.350	58620	2
0.370	14000	1
0.380	80000	1

Last trade - 16.10pm 30/09/2024 (20 minute delay)

TCG (ASX) Chart

well said Flaming, couldn't have said it better myself.

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Hastings progressing Yangibana to production with lower costs

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

well said Flaming, couldn't have said it better myself.

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Hastings progressing Yangibana to production with lower costs

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News