Yes Leroy. I can't remember how much of a haircut I took on BYR waiting for their BS - but it certainly pays to keep a predictive diary backed up by the odd either aggressive or ass-licking phone call to manipulate company personnel to divulge clues. Being stuck in an information vacuum relying on hope does my head in. Better to be just wrong, IMO.
IMO, it's easiest to play from a position that the whole game is crook and directors only care about themselves and will get away with whatever they can. You'll be right 90% of the time.
When you see very recent examples like the PDY directors merely get sent to revision classes at "director school" for leading shareholders into a $6B fraud, and no action at all except to supply additional information from QBL directors who pumped a new JORC compliant bauxite resource that hangs on one hole - then clearly the regulation of the market is dysfunctional.
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