RE: Heres the thing....funny to read all recent shareholders who are feeling frustrated about management issues! Imagine for the longs, imagine the frustration, yep again, for how many times now??? Years and years in waiting of THE news... After reading in May that interview, seeing all the attention and volume that was brought to the company, I for one thought that dark clouds were gone, that this long wait will finally be rewarded and that we would move on with that momentum!!!
And BANG... Another missed deadline, not fulffiled commitment, just adding to the long list that had happened in those years... Unacceptable and unexcusable... As a President, you can't go out publically without beeing 100% sure of what you're committing to. They're not even teaching this in business school because it's pure and basic logic!!! He was aware of the nugget effect, we all know since we're in; he needed to ensure the timeline with the contract firm, etc...
This company, old and "new" management included, had numerous credibility issues over the years and this episode is not helping our cause. Imagine if the report would be under or way under the "over two millions" mentionned in that interview... Could it be catastrophic???
We all know we have the goods, but sadly this company has poor management IMO... Having the appropriate people in place, that company would have been traded way higher over the years and maybe even more, it wouldn't be here today!!! I really hope for an happy ending but I'm still having big doubts that they can deliver...
GLTA
Justin