A little company with a mine located in the hills of Chile -SMO, has struggled for credibility through the years. Recently, the broom swept through it and now it breathes new life. What a breath of fresh air to see the new directors take responsibility for past actions, admit mistakes through statements of mea culpa, sack non producing management, make productive decisions that translate into real dollar value returns and personally purchase large volume of shares and forsake payment as a guarantee of their word AND now they are going to restart a gold mine that has been sitting idle in Queensland. Simple forward direction statements that assure existing shareholders and new shareholders alike that there is real progress happening within this company is taking effect. I hold btv and smo and bought into both at the similar times and I am seeing the benefit of one leadership style compared to the other- If only BTV ( tng, thr) management were so astute - They should take a leaf out of the direction of SMO and learn what it takes to make a " rising star". Has any one heard from btv( tng , thr) management lately , at all ??
Lets see which idle mine cranks up and brings in the dollars first, I know where I'd put my money( problem is I hedged and put it in both)
Cheers
Oillman
A little company with a mine located in the hills of Chile -SMO,...
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