Biggest problem with this company is management
Yes we have interesting projects (as many of Jim Richards' loyal acolytes keep relentlessly pointing out on here) however we now have a market cap under $10m. I came in after STK's Iroquois discovery and it's been nothing but disappointment
Jim has been running this company for over 10 years and the share price has gone nowhere
No market support, no broker support. Nobody will touch this company, and it's entirely because of him. When is the last time he ever did a presentation? When has this company ever been marketed (except by the hotcopper cheerleaders... probably a couple of them are Jim himself!)
Our assets are worth a lot more than our market cap, but why are we basically priced as a shell? Simply, we get a big discount because of our management team. They are out of their depth and simply not up to it
Jim Richards needs to go and we need someone who knows what they're doing and can actually get the share price moving in the right direction
He's had a decade to get this company firing, but instead it's gone nowhere. Sorry to the Jim Richards cheerleaders, but the numbers don't lie.
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