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21:37
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Originally posted by ram01
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I believe that our past BOD were actively trying to get a large mining coy on board from the outset. When the rejection by shareholders of the then cornerstone investor happened then the inabilities of that board became evident as to their fundamental ability to be gold miners as most were financiers lawyers or accountants . The aftermath is 5 years wasted with no commercial gold produced huge salaries paid and substantial losses to retail as well as some sophisticated investors . This is the harsh reality prior to the newly appointed board some of whom have come over from another non performing gold mining coy in Brazil . My point is that my overview of the past BOD was never laid out as their business plan. In view of the possibility of us running out of money before meaningful gold production ensues , it would be, as a matter of honesty that, this new board states their Business plan .
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Cheers Ram,
