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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: bill718 who wrote (3948)7/31/1998 10:50:00 PM
From: john  Read Replies (1) | Respond to of 4718
 
<But what would you have the new "businessman" do if Dennis was replaced?>

Well Wayne number one .........

take less holidays ........

number two .........

report material changes in a more timely fashion........

number three .........

take less time to understand the drilling results .........

number four ...........

revoke the recent authorization to issue more options ........

number five ..........

quit "blowing" money on the next project that may develop into something and concentrate on the Indonesian property........

dennis seems to be running here and there to make deals .........

why not work with something you have???????????? ie Indonesia ...
I think we both agree that maybe the best bet .........

I hear dennis is running around frantically looking for cash flow ...
I guess after blowing 17 million ya gotta do something to maintain the lifestyle,,,,, doubt he can go back to the previous "well" for cash, what do you think?????

number six .........

The new guy should not set his son up for commissions ....... ie the MacDonald's Restaurant deal ........ how much did Paul Gray get on that deal????
No conflict of interest????????????

number 7

Compensation based on and linked to company performance as measured by NET profit or share price, or expense reduction or possibly a combination of the three.

number 8

Get to the business of finding some funding as they will need it within the next 12 to 18 months ........

number 9

Get the word out in a reasonable fashion re the potential of the property and make it honest .........

number 10

fire Peter Southward ...........

so much more ...... so little time?