Have to agree with you PeterKing.. I am also very disappointed with this stock. Don't think there is any point in minor shareholders hanging in any longer- directors and associates are only looking after their own interests here.
3-4 years ago I considered this stock had much promise- they were then about to start producing gold, and gold has had a stellar run price wise since then and this stock has continued to have problems and ongoing excuses re production delays and problems etc. Even when they have actually produced some gold they say they need more capital funds to continue?? Maybe I should have taken more notice of the track record of the Chairman! Recent appointment of a failed or bankrupt NZ property developer as GM seems an odd move for a mining company- would be interesting to know what his previous relationship was to the Chairman with his so called background in sharebroking, investment banking, private capital investment?
Have to agree with you PeterKing.. I am also very disappointed...
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