CAY 5.00% 8.4¢ canyon resources limited

You are very busy falsely implying that I have ulterior motives,...

  1. 10,591 Posts.
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    You are very busy falsely implying that I have ulterior motives, get paid to suggest selling CAY? and am filled with a range of negative emotions.

    You also suggest you know how many shares of a stock are in my portfolio? How could you possibly know any of that ?

    I've said it before and will repeat it....a posters communications generally tells more about them than anything else.


    The reasons this company need a wake up call is solely to protect the shareholders interests. Read the following slowly and then you will understand my motives

    29.5c to 11.5c in less than 3 years.

    Firstly, dump the request for executive bonus shares that value the company at pennies when they have been know to tout vastly higher prices. (They could have already done this and avoided some bad press but obviously they don't feel the need to?)

    Secondly, take a pay cut rather than trying to scrounge extra shares via 'salary sacrifice' at 10c, which given the past form of some directors and associated companies (Manny and Altus come to mind immediately) they will only sell anyway.

    Thirdly, stop giving away the value in the company (shareholder funds) to exotic consultants (Serge 30%?) and then throwing in a one liner that the Cameroon Government has the right to take an additional 25% for being such lovely chaps ...before they then start taxing what is left. They have already reduced the potential value significantly. Oh, and Altus Strategies shares for something that will never be mined.

    Fourthly, stop hiding under a mushroom and start promoting the company through traditional channels/PR/media etc. If the company can't afford it we can't afford the MD's salary.

    Fifth, stop regurgitating the same old pieces of news as if they are new....same companies in multiple MOUs as mentioned above for years!

    Sixth, stop pretending an MOU is anything other than a letter of intent, an intent that can be changed at any time by either party. The fact that they are still at MOU level after these years is an indictment of their capability, not a plaudit. Where are the contracts?

    I've poured a lot of money in and taken part in most capital raisings. No more money from me until I see all of the above addressed, especially contracts and I've been convinced China is not trying to steal the best available bauxite resource on the planet.

    VOTE NO...nil, nada, zip!

    PS I reserve the right to buy or sell shares in any company as I see fit. My opinions are my own and expressed free of charge.

 
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8.4¢
Change
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Mkt cap ! $115.4M
Open High Low Value Volume
8.2¢ 8.8¢ 8.1¢ $189.6K 2.288M

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No. Vol. Price($)
1 87892 8.3¢
 

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Price($) Vol. No.
8.4¢ 216 1
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Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
8.4¢
  Change
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Open High Low Volume
8.2¢ 8.5¢ 8.1¢ 332627
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