Hello, for the record I'm not a great supporter of Novak as in my opinion he gave away the farm in the numerous private placements of Spider shares. He did along with Brewster and both their families own Biliken, and they did take $$ for earned work for other companies. They have both since sold all shares in this company. the are however involved with other companies together outside of Mcfaulds. Neil is a geologist but more importantly a business man he has an iron in many fires all of which is of no consequence to shareholders of spider or noront. Do you think he has asked himself many questions as to why they did so many PP's for so little investment, you bet he does, but at the time it was the only way they could raise the capital. But that is all water under the bridge, what is now of importance is whether or not he is acting in the best interests of spider, and there can be no question on that .
Neil knows as a business man and a major shareholder of SPQ that he needs to enhance shareholder value and he is going to do everything he can to achieve this. He is a man of integrity and values we may not agree with everything he does but you cannot question his ethics or resolve.
I'm long on SPQ and a few other McFaulds juniors and I've been here for a few years , if I had any inkling that there were concerns I'd have taken my hard earned $$ and invested elsewhere. There is a rainbow coming and a pot of gold at the end, but you need to be patient, and I for one want to collect from the pot.
I apologise if this has been rambling . but it had to be said
GLTA
Joe