MIRANDOR-MIQ ON MONTREAL Message Board

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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: jocko who wrote (2451)	5/6/1999 7:39:00 PM
From: Grant Baker	Read Replies (2) of 2635

I hate to say it, but the last press release contained very little (if any) new information that was not already evident in the Dec. 11/98 press release. (OK - a $1.5 million drill program for the 1999 season is about to start, but that was expected, wasn't it?) Once again shareholders are being spoon fed with recycled information - aren't you just a bit tired of the way management of this company treats shareholders? If you want to see how much information some other gold exploration companies provide, check out Cumberland Resources (CBD T) - compared to MIQ you are swamped with information. Don't forget - Kinross drilled at least 55 holes last year. We got results reported on 6 or 7 holes last December. What happened to the rest of the holes? Where are those results? Good, bad, indifferent, at least we should get some indication....surely with holding this amount of information must contravene some listing regulations somewhere! I was a vocal critic of Speros' management style because I did not like his much vaunted public relations skills. I didn't like the lack of information available from this company last year, and the way this year is shaping up I don't think I will like the new President's style any better.......when are these guys going to learn that increasing shareholder value is what this game is all about! The higher the stock price when you go back to the markets for refinancing, the less dilution there is to current shareholders. It is a simple enough concept - why can't they seem to get it right? Don't get me wrong - I am long on MIQ. I just hate the current share price and blame that situation on management. Regards. GB

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