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alwaysgreen

3,371 Posts.

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23/01/21

08:19

Post #: 50393624
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Originally posted by Y4ukikmycow: ↑

@dizzan,

Yes correct people should really do ther own research on all directors you'll find Terry Streeter has been part of a couple of successful companies and 3 maybe not so good, with one going under, in any event in every company he has been part of research shows he bought very large an substantial holdings in each of them to become a major holder at one point or another an for good reason the blokes a multi millionaire, his over 70 so cash to him is really irrelevant at his age, he could buy Corazon outright if he wanted to it would be small change to him, so why hasn't he bought the same huge stake in Corazon, maybe @mode an others have it right with any BOD that have no skin in the game its usually because they have nothing of worth to throw their own cash in, certainly in Terry Streeter case one could possibly be very sure that if Corazon was as good as those here think it's going to be from their armchairs then Terry would have bought into it big time like other successful businessman a recent example of that was Twiggy Forrester buying into a Nickel company that prawn man alluded to in the past, as they say follow the money well there's been no money put in from Terry or any other board member for that fact, smart investors would have to question why not, in any case doing ones own research is very important as it helps determine whether or not the right people are steering the ship or if the company is just a Lifestyle imho it's been a very good lifestyle to some unfortunately not for any holders past or present.

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Good point.

My plan is to give CZN until the end of March. If there has been no drilling or decent communication, then I'm out. I'm willing to take a punt until then.

CZN Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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