down the drain? or drain down the......, page-2

The problem is as I have said before, the company is still being run as a family business with the family holding a considerable stake. They have been able to mine the shareholders pockets at will over the past 10 years while trumpeting 10million ounces and other crystal ball predictions, the rock they getting the gold from almost needs an oxy to cut through it. Finally the watch dog took action, way to late, and the family had to withdraw all previous predictions. They are now trying to find another source of income but are finding it very difficult, they may manage the 18million which in this game is a pitance but as far as serious money goes that will only happen when the big boys believe what is being said and make a takeover of the company.This will leave long term retail holders well out of pocket and the family and co will walk away with a smile on their faces and pockets full of money. My thoughts and opinion only, I hope I will be proved wrong IN THE NEAR FUTURE!!
DYOR