KCN kingsgate consolidated limited.

Why JG must be removed from our boardroom immediately, page-4

  1. 1,008 Posts.
    lightbulb Created with Sketch. 2704
    Ok..... Who is right and who is wrong ?

    So back in year 2013 when stock was still above $1 our Chairman was complaining about Short selling just like he's complaining today..Like today he's Blaming HC negative posters and calling us "dickheads "...... Big Boss blaming crap performance on others yet again.



    https://hotcopper.com.au/data/attachments/6400/6400212-43bcdcf0abd5303a028bce6639df0226.jpg
    https://hotcopper.com.au/data/attachments/6400/6400223-3d0702d01cb49530fb4f502557ba6b75.jpg


    Well the simple fact of the matter is the short sellers were CORRECT !

    Our Chairman having a big mouth criticizing them was wrong , considering just a few years later we were 16c..

    Maybe if our Mgmt didn't burn in the bonfire +$450,000,000 on failed acquisitions, the short sellers wouldn't have won..


    It's a dog eat dog game, short sellers are the victors today, KCN mgmt the loosers.... But just like a looser Gambling at Royal Randwick racecource, the gambler will never look at the fact they are a gambler, they will blame the track conditions, the jockey, the wind, the rain, the horses menstrual cycle, everything except themselves...


    Today we face the same punishment because they failed to produce 25,000 ounces last quarter after promising on a stack of bibles, simple as that..

    Today we face the same punishment because they failed to deliver proper finance, or those pockets of higher grade we were promised 12 months ago..


    What does our Mgmt expect ? Do they think if they fly around blowing our cash at conferences it will help us ?

    Ross the Boss doesn't like to be criticized, his big ego always has to find an excuse rather than looking internally.


    WELL DONE SHORTERS! You are winning today ! sneaky.png

    KEEP SQUEEZING !

    KEEP SQUEEZING UNTIL they actually make this company great with profits & buybacks & Dividends...



    Our mgmt seem to think having big mouths and endless promises win's the War, well they were mistaken in 2013 and they are mistaken again !


    I'm long, i want us to go up, but if we don't deserve to go up from proper performance, then we deserve to be shorted...

    I guess all those Sydney people just expect things to be given to them without actually performing...

    " Look good first, be good 2nd is there motto ! ---> just like those real housewives of Sydney TV show " wink.png



    PS.... One day the shorters may get burned in the bonfire too ! i think they will if Gold doesn't sell off, i'm a shareholder believing that day will come, but not today, not whilst we are producing crap less than 5,000 ounces a month & our Mgmt are still hiding things by not reporting AISC...

    .............And as long as our Mgmt are seen taking selfies at Conferences, the shorters know this clown show will never improve...




 
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$2.55
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