1. Market cap has dropped below $1m for the first time ever ..... SP gone from more than 20c to .01c in less than 4 years.
2. $149k in the bank (or less now) and a QUARTERLY burn rate in excess of current market cap.
3. Two buddy "artisan" projects draining cash with high risk and little or no public infirmation.
4. Marianas conspicuous quiet .. Questions whether it will ever be commercial.
5. New Board awards MD with maximum bonus and pay rise for a "disappointing year".
6. New Board elect MD sister to the Board / track record concerns ignored.
7. Fund raising in excess of $3m put to SH with massive dilution and savage consolidation for existing SH ignored.
8. More related or concerning activities uncovered daily (Jiangxi / Turkey / RioP??)
9. Nothing done to drill and develop Chilean assets and add value to existing tenements.
10. Deadline after deadline missed and Annoucements lack credibility with the market.
You don't even need to do your own research .. IMO Massive changes are needed and the current crew have shown their direction if they remain at the helm unchallenged.
Register support at [email protected]. The only real chance for change at the 2014 AGM
CDB Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held
