Re: Shareholders mtg. (Let's not rush to judgement!)
posted on
Nov 14, 2008 12:45PM
Cooky, you've raised a lot of valid points - thanks! Many shareholders are ready to condemn & crucify the present Silverado Board out of sheer frustration. They are judging & handing down their verdicts without having heard the facts & evidence. Hysteria is setting in during the downturn in to-day's economy, so why not lash out at someone or everyone.
What happens if the Pre-Feasibility Study is outstanding? Hopefully even more good news might be presented at the Dec. 9th meeting? Shouldn't we all just take a deep breath, sit back, wait till we can analyse & evaluate the new evidence before reaching a rational conclusion? Changing faces on the board doesn't guarantee anything. Perhaps when we see the hard cold facts, we might just be patting those guys on the back & thanking them for perservering for so long!
Any jury must be fair. Everyone will admit Silverado has made many mistakes in the past, but I think they have been trying to rectify this. If the Nolan is a treasure house & a CTLF deal should finally be consummated, we will all be happy. We need to start making profits which are long overdue. We've all taken huge risks with a penny stock, but then if successful the rewards could be mind boggling.