XTC xtc lithium limited

I have held fire in the hope the BOD would come out with some...

  1. 226 Posts.
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    I have held fire in the hope the BOD would come out with some direction or good news! And that’s not to say there is not some on the way?
    In the last 9 months the company has done nothing more than rehash a VES report, drill some land in Southern. Cross that has amounted to nothing to date (gone quite), Promise to fast track Argentina?, do a cap raise for a drilling program that is yet to see any daylight and add a s@#tload of people to the payroll!
    What they have managed to do is keep the average Joe investor at arms length with cryptic promises of fast tracking, drilling permits, broken time lines etc……basically draining any confidence in the potential of this company to pull anything of other than taking peoples cash and paying themself!
    By the time this mob get the drilling permits and that is a big if if their current track record is anything to go by they will need to do another cap raise to get the drills spinning…..there is already way to many shares on issue….they seem to be able to put out Ann’s in regards to Cap raises, changes to the board, quotation of securities etc but the lack of information they are providing around what they are actually doing as a company is astounding….what progress is being made, what is the current status of the drilling permits, what happened to the drilling and sampling of the already drilled hole as promised….basically WTF are they actually doing and what is the projected timelines?
    Thank god I never participated in the cap raise….the way they are running this it will be lucky to be above .001 let alone .01c in 12 months……I really hope I am wrong and I want this to live up to its potential but the lack of respect this mob are showing it’s investor is incredible…..get on with it XTC!!!!
 
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