No divvies till 2015 --- now thats just silly but yes things have changed.
Risk has increased - the stuff is still in the ground - it can still be dug up and sold - but things have changed at a fundamental level - managements credibility and competence is now in question.
Disclosure - I am not short sold but no longer own anywhere near what I held a cpl of months ago. I expect I will rebuy at some point - but if they get drill results out before that and I miss the boat - ,.....oh well you get that!
But one of two things need to occur before I rebuy in anywhere near the amount I had
(a). management need to re-establish credibility or
(b) she drops a lot lower to counter the management risk
Either way am happy - but from a recent email I dont get the impression that re-establishing credibility is a high priority atm
- Forums
- ASX - By Stock
- trustworthy management
No divvies till 2015 --- now thats just silly but yes things...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares