OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Mar 22, 2016 9:32pm
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Post# 24690661
RE:RE:RE:Guidance For 2016 and 2017
RE:RE:RE:Guidance For 2016 and 2017The only real reason for the 2016 and 2017 guidance is that long term investors are all totally fed up with horrible performance and execution.
Many investors complain about mediocre performance of management. We only wish that we had mediocre performance and a $1 share price. In the case of AXY mediocre would be considered aspirational. I know that top management is embarrassed and ashamed of such dreadful execution but somehow each Quarter they go have another drink (on us by the way) and carry on as if all was well.
Funds that are in here should be embarrassed as well. They are shamelessly compliant and quiet. I know that the Chairman is embarrassed as he is a guy who has experienced success in mining.
We need new blood and we need it now.
mat