What Have you done for me Lately?
posted on
Jul 12, 2011 10:04AM
I know the old-timers here speak at length about how hard Jim V works and be patient he will come through. Well in the past year he has worked this SP from above .12 to a present price of .065 which means whatever he is doing is not making its way to the SP. He does like to issue paper quite often which does restict the SP. He spends time on his other venture (First Mexican Gold I believe). I think it is time he do what he is being paid for by UC and that is get the mine running at the level he has talked about for almost a year and atleast impove the shareprice to maybe only a 25% loss from a year ago. Once he is able to get the SP back to a more respectable level eg. .09 then I will see a little value in his hard work and efforts. As most people know, this is not a popularity contest, however from what I have seen there are some GREAT CEOs managing Pretty POOR performing companies on the Venture Ex. Surprise!
JMHO
JMH