cashedupbogun posted: "If there is positive news to report, it...

cashedupbogun posted: "If there is positive news to report, it would be annouced. If it is price-sensitive, it must be announced."


cub

don't bet on it. much of what is "price sensitive" is subjective

i would have expected drill results to be released as they come to hand (or soon after) but SBL management withheld them until the last qtrly report.

you only need to look at the number of price sensitive anns per month over the year leading up to the LG takeover relative to the vaccuum of information that has been released (or NOT released?) since then to realise that we are being kept in the dark.

if management were doing the right thing by shareholders they would have been going "full steam ahead" to establish commercial gold production as well as as to progress the previously much-hyped exploration potential. they should also have been releasing regular updates in order to encourage a higher share price (or at least extract the maximum possible takeover price and best terms). we have seen none of this from SBL management. they have simply displayed resignation and capitulation to the pathetic takeover off by LG.

we should rightly have answers to most of the questions raised in the post above by k31th in order to allow us to properly evaluate our options. instead we've been given the mushroom treatment (kept in the dark and fed crap).

imo it's been a truly disgraceful performance by the SBL board as they have totally turned their backs on the shareholders for whom they are supposed to be working.

don't expect to be told anything unless SBL mangement absolutely have to ...

k