Re: Time for ...Mr. Z
in response to
by
posted on
Mar 21, 2012 08:41PM
(Edit this Message from the "Fast Facts" Section)
Mr. Z -
It's great to hear from another long time shareholder .. I am fairly new to this adventure myself. I have heard a couple of times now that even PQ can't mess this up since there is plenty of gold in the mountain. Well it looks like he is coming as close to messing it up as you can. With the share price at these levels (because of mismanagement), there are little options to raise funds for drilling, which everyone agrees is what will eventually bring the value to the company. So now they will START the drill program with limited funds and bank on hitting a hot vein right away. But what if they don't, then what? We all know the mill is not providing the expected revenue. They are literally running out of options.
I know some here think the 43-101 will change things ..maybe ..I just don't know. I do agree with the others that have called for the removal of his wife and son, but I think PQ needs to step aside as well. The stock would respond instantly IMO.
Macod