So every shareholder gets a letter. ?? Now let's do the math
2581 shareholders @ .60 cents postage per envelope
2581 x .60 cents = $ 1548.60
Printing and stationary - hmm. $ 250.00 roughly
$ 1548.60 + $250.00 = $ 1798. 60
POG was around $1800 an ounce - 3 to 4 banks finance imminent - ball mill ordered - GR Engineering commissioned to design plant - eminently bankable in how many announcements ?? 500 k salary . WOW
Ounces produced = ZIP
I'm down just over 100 k on this to date and I get a letter. That's nice. In the world I live in I would have been flicked long ago. Hang on a minute.
Perhaps if I was a politician I might get away with that - well at least for 3 years . Seriously - what the hell is a letter going to achieve . You have roughly 23. 5 million ordinary shares as per the 2013 annual report . Sit back and enjoy the ride that the rest of us have endured.
MYG Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
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