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Gold/Mining/Energy : RED EMERALD RESOURCES

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To: hugh thorne who wrote (116)7/17/1998 10:39:00 PM
From: hugh thorne  Read Replies (1) of 862
 
I would hope that the large list of parties named last year on the early PP will be collectively putting some serious pressure on management. This is not a private company and management are stewards for the shareholders. In this case because of their large holdings, we must specify "minority" shareholders, that doesn't however suggest that the concept isn't applicable.

Their ability to release information that is both understandable and timely is almost totally lacking, as i think few would disagree. This must be addressed, otherwise by the time they do issue news all the markets will be in a bear and we won't even see a recovery of our costs, as I doubt there are few out there with an ACB below 80 bloody cents.
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