MRD 0.00% 0.1¢ mount ridley mines limited

Gentlemen, the facts speak for themselves. The prior CEO/MD was...

  1. 54 Posts.
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    Gentlemen, the facts speak for themselves. The prior CEO/MD was using incomplete analytical "tools" for the exploration task at hand for this style of deposit. Tony Donaghy has made that perfectly clear. Unfortunately, the prior group, especially the MD, had their noses very deep in the trough. Being paid $360,000 per annum plus a huge sum of shares plus a huge sum of options was inappropriate professional behaviour.
    The only reason that the current management pursued the prior hole, was to conclude an historic procedure because of an HPEM reading. However, the main game is to professionally explore the tenements methodically with a TOTALLY experienced team. This is what is happening.
    The geophysics is well underway on the Lake, and maybe even beginning on the designated Tyrrells area by now? All this has been backed up with a full spectrum of geochemical analysis.
    Donaghy and company have said that ALL signatures are the same as Nova etc. Now the task is to find the deposit. A result could be days/ weeks away.
    Anyone talking the deposit down is for self interest reasons. This is their call, but if no skin in the game, it should be taken for what it is.
 
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