Drillfix, honestly i really dont thik the diectors give a crap. Here are the reasons.
1) Remember end of 2005 when Dennis bought and sold some shares for a quick profit? I think it was around 20,000 shares. Small parcel but the thoughts counts. Its actually tells you what kind of people we have on MZM board.
2) And then MZM has the this share placement where investors get to buy cheap share at $0.20 with free options when existing shareholders get nothing. THey didnt even give the existing shareholders a chance. Strike two.
I think westpac cus and wannford was smart enough to bail out at the 1st stage. Still since we are stuck so we might as well stay. Good mining companies are really hard to come by nowadays, this may not be good, but its not that bad compare with some others on my list. One more thing look closely at the distribution schedule at the end of 2006, you will realise shareholedsr holding 100,000 shares or more have dropped from 70% to around 10% currently. Major sharesholders have dumper their shares already. Hold on for medium term i suppose.
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