Reifel runs his company the way all of them should be run. 99% of the management of all companies trading on stock markets are concerned with one thing,...themselves, their salaries, their jobs, their bonuses,...they could give a chit for the stockholder.
Not saying Reifel cares any more about the stockholder than the rest, but at least he runs this company as an exploration company should be run, with tight control on money (including press and IR bullchit), with good strong geology backing his decisions instead of chasing the latest promotable crap with a weak pulse, with painstaking, backbreaking investigation and planning, and laying the groundwork for proper community relations, political relations, environmental baseline stuff and hopefully greasing the right palms to get the job done.
In the end everyone gets a good reward, if they find something,....no guarantees on finding something as horseshoes up the arse have quite a bit to do with that, but the right group can lessen the odds of finding something where they are digging from 1 in 300 to more like 1 in 10.
Put what you can afford to lose in this one, and ignore it for the next four years or until something happens. Screw off and enjoy your life. Complaining only increases the age lines :-)
There are only a handful of other companies that run in a similar fashion,...know who any of them may be? |
