SBM is an absolute s***show—the most corrupt, inept, and downright toxic excuse for a gold mining operation I’ve ever come across. This company has single-handedly obliterated shareholder value with zero accountability from anyone at the top. Craig Jetson, Kerry Gleeson, Tim Netscher, and Peter Cowley are nothing short of fraudulent criminals who’ve destroyed millions in capital while pocketing their own.
They had one job—to reinvest in Gwalia—and instead, they ran it into the ground like a wrecking ball of incompetence and greed and divested its profits into lame ducks. This isn’t just bad management—it’s open sabotage. I'm looking to start a class action or some form of litagation. These people have set SBM back decades, and if you see their names attached to anything, run. Don’t even think about touching an investment. The values they promote are nothing but a front for pure self-interest, stealing from shareholders while acting like they’re doing something worthwhile. If you want to understand what a lifestyle company really is—this is the textbook example, built on lies, corruption, and utter failure.
SBM Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held
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