Re: Management
posted on
Apr 07, 2008 11:18PM
Producing Mines and "state-of-the-art" Mill
I know I am going to get ripped for this post but it's only my opinion. But promotion is again key for all juniors. That's what we are, we need promoters keeping this stock price up. Do i care if the company spends millions on promotion, NO because that's how you get noriced. Marketing in business is everything when starting out. We are not a Blue Chip company where our reputation is already strong and no promo is needed.
I mean management can keep saying that the market is not recognizing our value or potential. Well they have not proven any different.
I still own alot of shares here but ultimately a drastic drop in share price when commodities are generally up ( as are markets ), management should be held accountable. People/funds/whatever have obviously lost faith in the company and in turn management.
Should we also be worried about getting delisted on the TSX? Because companies have to hold a certain market cap to stay. I don't know what it is but is that a worry?