Mason Res Corp MSSNF

grafton

[dynarod]

Spoke to grafton today about MNR:

Although didn't get any new beef out of them - however they did say that they were'nt to happy with the standard of promotional skills displayed and agreed that its fundmentally one of the cheapest stocks around.  They 've met management on two occassions when they pass through from Turkey.  Next meeting will be in mid nov so hope I get invited.  Anway I mentioned about Peter Guest's lack of ownership and existing salary and they sounded pretty disappointed and agreed with our concerns.  The chap did say that it appears that with his salary this company could well be a lifestyle job only.  And lack of skin in the game pretty much demonstrates his faith in the company.

Anyway they will be meeting Peter next month so I hope that bringing these issues to their attention migtt start echoing up the mgmt chain and planting the seeds of change

good luck to all