WILL THIS TIME TRULY BE DIFFERENT! EARN OUR TRUST THE FOUR MOST EXPENSIVE WORDS IN INVESTING
Today shareholders got a long news release from Lorne Harder who has taken on a large share position and is trying to leverage his position to take control of the Board. The problem I have is 'he the GUY'. This would be second time around for Lorne. He was the CEO and just walked away without any explanation why. When he sat in the Big Cheese Chair if I recall correctly he never returned phone calls, emails or even proposals from strategic partners and shareholders. So why should we buy into his plan that 'this time is different'? If this is truly the case then Lorne Harder needs to address these issues and provide a detail plan to get shareholders support. Perhaps he has enough share support with our strategic partner and himself to take control and feels that this request is beyond him. Lorne, take the time and read Novagold (NG) news release today and seriously think about providing the same detailed release back to shareholders to earn our trust. Earn it and you will be rewarded from all shareholders. Avoid providing this information then your telling us shareholders that it is a new day but same suffering. Will this time truly be different!