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JoeBlow

1,195 Posts.

247

04/02/19

13:19

Post #: 37322080
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Originally posted by MinerTrader: ↑

The problem with this is in such a cash position the ceo needs to do the role of mine manager also. Some mistakes may have been made here (potentiay union hill was one of them). However this is all now in the knowledge bank of management. In the current mining environment it would be hard to find a mine manager worth their weight for <$500k. I’ve seen first hand what loss of knowledge can do to a mining operation and I don’t think exiling these guys is the fix. They stood to personally benefit the most by making this thing productive with performance options and the like. While it’s easy to jump into conspiracy mode perhaps the mining conditions have just been super difficult.

I’m all for preventing excessive dilution and will help in that regard but I don’t think a board overthrow is the right move at this time.

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You wrote, "I’m all for preventing excessive dilution and will help in that regard but I don’t think a board overthrow is the right move at this time. "

So, please bring forward your help with that regard. What do you propose?

CTL Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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