MRC 4.76% 2.2¢ mineral commodities ltd

Not men of substance thats for sure.Trying to steal the thunder...

  1. 262 Posts.
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    Not men of substance thats for sure.
    Trying to steal the thunder of those that went before to further their own careers and then it all falls apart and now not are they frightened little rabbits but they keep running into the rabbit proof fence at 9 cents.

    Well done team, you pulled off a magnificent performance in how to destroy a company that was steadily growing year on year and in all likelihood about to explode. The argument of "he is selling or she is selling" is of absolutely no relevance, as any board worth its weight in salt would have demonstrated enough strong performance to the market by now to overcome any selling pressure. This is not an excuse, this is a blame game from petty minded individuals who have no real substantial on the ground experience who thought they knew better and have now been proven beyond doubt to be found wanting..

    They still have not addressed the issue that the official company website was advertising for child labour in Norway onsite, against the labour and also child laws of Norway. This was never answered by Baker except we'll look into it. Well what's the result?

    10.11.3
    Likely contempt of court for NON COMPLIANCE WITH SEA submission
    Safety photo for public relations with no one wearing helmets (except teh guy with a shark on his head)
    Blew 36 million dollars in first few months
    Don't know if they have rigid trucks onsite or not
    Not announcing the Supreme Court writ with previous CEO (1 of 3) to the market which was of material value
    No mention of including mining royalty payments to the South African govt in their accounting numbers. (no need to report if you haven't paid? This in itself is millions of dollars, when and how will they pay if called upon)
    Gina Edwards selling shares at a high price before the capital raising and then buying back in the initial placement (outside of rights issue)
    Relationship between Tormin and AU mining
    Source of funds for AU Minings and Tormin minings investment into MRC (given the 64 million British pound court reported issues with the people involved there)
    Logistically inept
    No one knows if there is actually a stockpile or not, or if it is itself being pilfered by local crime lords
    No understanding of teh Garnet soots within teh inner strand lines, yet basing budgets upon this
    And a legal counsel who couldn't effectively play shortstop for the Yankees.
    A metallurgist who thinks he is in a Bollywood blockbuster with Aishwara Rai in an Indiana Jones Temple of the lost graphite plot.
    The CEO putting sharks heads on staff, but no safety helmets. Lets call that episode "Jabba Jaws goes mining"
    Tipper, as publicly noted in industrial relation commission reports, being involved in serious disputes at Robe river where staff were shafted and the judge noted that he would ignore his comments, and further in another case not knowing teh difference between a shovel and a dragline. In fact he arranged dragline operators to be shafted and be paid less than value as he considered them the same as a shovel operator. Its no wonder we ended up with a sharks head on a safety officer.
    Shareprice never has started growing again excepting on peak that lasted 3 days.






 
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