RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cynthia’s post on LinkedIn todayIf anyone in this forum really subscribes to the view that GoldenI just posted, then the logical conclusion is that they should immediately sell all their LME stock and walk away, because:
(a) Nothing is going to happen for a few years, so why stay invested now, and
(b) Cynthia and the LME board are one or both of the following:
1) Incompetant, since they don't know that they have to do all that additional drilling and spend that additional $$$, and are not taking any steps that suggest that they are going that route, and/or
2) Dishonest/fraudulent, if they know it, since they have not communicated anything to shareholders suggesting anything along such lines. Neither the recent Q&A or anything else would suggest that is required. There is only a small plan for drilling this year, and they don't seem to be in any hurry to do that.
Who would want to stay invested in a company run by such people-I wouldn't!
However, I remain long on LME because I believe that it is pure nonsense.