GREY:LACHF - Post by User
Comment by
lhornson Apr 07, 2007 10:29pm
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Post# 12566185
RE: Grandich negative on LMA, resigns
RE: Grandich negative on LMA, resignsMy feelings are the same about mngmt. It's disappointing that a month or two ago he mentioned that he would give mngmt a year to prove themselves.Hopefully he just didn't say that so he could dump his shares the past six weeks.Regardless it will be interesting to see how much selling there will be next week.The reason LMA did this merger was because of the assets.Areva is a big uranium mining co.so hopefully they will be able to take advantage of the market we are in.If they are able to increase their production to 150,000 oz of gold as they say they will in '08 maybe people will notice.Time will tell although I would feel better if someone with Walter Berukoff's experience was running the show.