What has SUR done to gain investor confidenceLinasan...
SUR has had nine years to get its act together...THEY HAVE COME UP WITH NOTHING!!!!
Management has proven themselves to be incompetent! Trust me. I was SUR's biggest fan at one point. I followed them since 1998 and sold off the bulk of my position last year. I know that Rennie has been an active participant on these chat boards over the years
Ask yourself some questions??
If SUR has been pulling samples of 10's and 100's of grams per ton gold out of the ground...Why can't they come remotely close throught the drills?
SUR has/ (*maybe had?) properties in Columbia...Things have turned around dramatically in that country...With the success of Greystar..Why has SUR not chosen to pursue exploration on their properties there or even joint venture them?? The political environment has been quite stable for some time now?
Have you seen how much drilling SUR has completed over the last year? A company has to know when to leave a job to the professionals!
See how much dilution SUR has experienced as Rennie and Alicia fumble around for the last 8 years?
Where is the trial mining that was promised?
Why was the million dollar financing recently cancelled? In my opinion, nobody had any interest, and managment is unwilling to take down more paper as they have in the past.
I agree that the junior market is presently down with a few select companies showing promise based on results, but SUR is one of the few out there trading at its "52 WEEK LOW"...and its there for a reason!
IMO if you like the prospect for the Philippines look at Mindoro (MIO)..They are looking to go into production next year, and have a number of solid prospects.
Rennie has cried "Gold!" so many times and come up short that no one will listen...Trust me, any positive news that comes out for SUR is going to experience a huge wave of selling from disgruntled shareholders just looking to get something out of the dead money that has been locked into SUR.
What does SUR offer to investors?
Sincerely,
T2