I wanted to go back a bit to see the difference in the financings....say in the RN days compared to the after proxy battle times. Wouldn't you know it, their website doesn't contain any news releases from before the proxy battle. Well, that certainly was the start of a new era for Noront....the era of dilution...the era of nothing positive except the odd rumor
This latest financing is just a big sick joke
Going from memeory.......RN was able to do financings for common shares....with no warrants for over $4...and he was able to close those financings within days...and oversubscribed
Now this management team....$1.83 flow through....on a best efforts....and they need close to a full month to maybe fill this order? And....at a time that we don't even need the money....are these guys for real?
To think that commodity prices have trippled since the lows and the resource is now trippled and we can't hold $1.50. This management team is failing....with a big F
I have no doubt whatsoever if RN was still in charge, we would be much further ahead....much further ahead. Up to now, I have nothing good to say about this current management team....absolutely nothing
Many said give them time.....time is up....time for a change