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Gold/Mining/Energy : Black Swan

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To: Pierre J. LeBel who wrote (2977)4/4/1998 1:10:00 PM
From: SARMAN  Read Replies (3) of 3186
 
Hi all

These people (management) are bunch of liars and thieves. The are spending the money as it tomorrow will never come. The already spend money on Cata Preta property with 5 rigs on site. They recently hired bunch of high paid geologists (freinds). The irony is that no FU--ING new or results or information to investors. I give Black Swan and Arthur Fisher 18 month before the company goes bankrupt. The company is well position to weather the storm but the management have no sense of direction and that could prove deadly. The first mistake that the company did was the reverse-split, than a gag on news. That makes me wonder if the company relay have something or we were taken for ride at our own expense.

Some people think that I did not do DO-DELY. I did do my do Diligence but I had more faith in the management. Unfortunately I have doubts about the management ability to manage a well positioned company to weather the storm. The management get paid anyway if they produce gold, keep investor informed or not. In my opinion management should be paid based on the company performance.

Abdul

By the way this bird is dead and will never fly again

Abdul

By the way this bird is dead and will never fly again
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