RE: RE: RE: RE: You are a load, moneymaker.|I read the post in disbelief. It;s like saying don;t blame Clifford Olson for what he did all those years ago. I invested in CGW after reviewing the properties they held and the potential for bringing them forward to fruition. The result that I have seen is that insiders have gained on selling properties to the company and then left reported stockpiles sitting without even trying to make anything our of them. Tailings from previous mining activities in Nevada with commitments to pay for costs and recover those costs has not been followed through on and now they are digging holes in BC. Tie that in with a cease trade order followed by an apology to shareholders and weeks going by since the apology and still no progress makes me think management holds shareholders in disdain rather then acknowledging they are the owners of the company. Somewhere along the way an owner decided to make this company public. In doing so there were commitments made to meet regulatory requirements which is the law in Canada. That obligation has not been met consequently the cease trade order.
It may very well turn out that everything is in order and that there was simply a mistake in a filing, but the apology stated seemed to admit to me that they were in over their heads due to complex decisions. That my friend is the responsibility of management to avoid that type of mistake. As it stands now, I still believe there is potential in the properties, but I am questioning the ability of management to develop anything. This company needs to set objectives and one of the first is to comply with regulatory requirements. Failure to do so will leave us the sharholders holding worthless paper. And that is something to be upset about.
At the end of the day I own the responsibility for investing in this company, but management owes me a days work for a days pay and that includes keeping me informed of what is going on, not simply sending out empty apologies..