Gary has been the MD since 2011. That's 7 years. 7 years of...

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MiddleoftheRoad

201 Posts.

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10/03/18

19:40

Post #: 31664938
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Originally posted by Subs ↑

Well your not a share holder so why do you care? Anyone investing in an exploration company should expect shareholder money to be spent on exploration. In fact id be pretty pissed if it wasnt...

As for the gold, the premise for the exploration in my opinion is valid for the $150k, but at this stage Id now prefer all available funds to focus on Redmoor.

I dont mind why Redmoor is doing well. Its doing well and we own half. I have no issue with Gary's decision to sell half to SML. Its turned out quite a good decision in my book. In fact as ive said many times and dont really want to start talking about again, I dont have an issue with Gary's management. He has achieved quite a lot and imo someone took advantage of the latest CR to push the price low and prevent buy in by any other holder, and it worked. Maybe because they want more shares or maybe because they were left off the last CR due to a lack of shares that could be offered. Again, I dont think that is Gary's poor management, but rather "the way the game is played". And Im happy waiting for the game to play out, some might not be.

Anyway clearly you have an agenda. Care to share what it is? You dont hold, so do you work for someone or are you just bitter that you bought in too high and didnt sell out quick enough? Seriously buying now sub 1 cent is a very very different situation than buying in at 3, 4, 5 cents...

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Gary has been the MD since 2011. That's 7 years. 7 years of $300k+ pa in wages. There's still no revenue.

NAE Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
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