This company is fast becoming an absolute joke.
They are in the hottest part of the world in mining terms and what have they delivered for their shareholders in 2011
Have they drilled in mongolia? No- in their investor presentation stated april to November for drilling- we are now near august and what have we got- nil. I was told that it is hard to obtain drilling contractors in Mongolia by Management. However, other little known companies with little or no mining management experience have been able to get drilling done in little or no time ie CEO and TVN
Have they acquired projects in mongolia to promote and deliver their shareholders best interests? No
Refer below for the promises that again have failed to be delivered
Active research on new project opportunities in Mongolia and Central Asia:
?
GMM database on most of 6,000 occurrences & deposits in Mongolia
?
talks with vendors in Mongolia and Kazakhstan on gold, copper, coal and other projects
I have been pretty patient with these guys to date, however, they have failed to deliver on a number of fronts.
The mining boom will not last forever, and as a shareholder we need more proactive management.
A number of shares are in escrow until i think December 2011- could this be a reason for the snails pace progression to date????
Cmon Boris and co!!!!!
- Forums
- ASX - By Stock
- GMM
- what a waste and disappointment
what a waste and disappointment
-
- There are more pages in this discussion • 10 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
Add GMM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online