RE:The gloves are off- Grandich calls for CEO to resignSo the main reason I am here is Peter Grandich whom I have great respect for. He recently stated, "“Give me a first-class management team with a second-class asset, versus a second-class management team with a first-class asset”.My experience these last several months with Guy and Vanstar clearly has demonstrated they are the latter.Given the performance of gold and the prospects for further great enhancement of the Nelligan deposit, my 36+ years in and around the financial arena clearly tells me a much more seasoned and recognized CEO and President is needed at this time."
So where does that leave us now? I trusted that PG had vetted the management team BEFORE I invested here. I have had experience owning shares in companies with a sub par management teams and have ALWAYS regreted it! I have seen world class deposits being sold out for a fraction of their worth, that always left me scratching my head wondering how the management got so rich and left the investors hanging out to dry. They all get Board of Director, or other high paying jobs and shares in the new company and the investors get tossed a few bread crumbs. So now is it time to bail here and buy more GBR & AMX?