We had all that money and we blew threw it in a year and a half. We could of sat back and Teck would have known we had 20 million in the bank know they may look at us as being very weak and vulnerable.
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Have you not been reading my posts? I have been harping on this exact issue for quite some time...
In my opinion, management should be asked what the plan is for our cash and credits (officially, not call the office). I think we have the right to know what their budget is for these other projects - and if anyone has concerns about long term funding going forward it should be voiced now before it is all gone and dillution is the only option. I'm not saying they will nessasarily answer or change their plans - but the fact that they hired a lawyer to go after so-called negative posters does say they care about thier perception with retail shareholders?
If several long time shareholders that have good relations with management ask these questions they can't really ignore it - not easily anyways. If they spend it all and dillute later and the issue was clearly raised with them when lots of cash was left it could possibly be an issue for them? Due to the fact this company is insider controlled they can do anything they want, but I think market perception is still a concern?
And for the record, I did not hack Golfyeti's account today (that is a joke).
Please do not try to lump him in with the other "paid bashers" here because he has concerns. He has been here for ages, and been very positive. You don't have to sell your investment just because you have concerns or say it as you see it.
I really believe voicing concerns or discussing the hard questions protects our investment more than blind praise and saying it is all under control and going to plan because the office was called.
Nobody is saying to sell shares (except possibly yourself?) just don't keep your head in the sand?