Investment portfolio down -30%+ since 4/30By my calculation the value of our publicly traded invesments (COMMON SHARES ONLY) is down to a current, intraday value of $23.895 million from $34.681 million at 4/30.
This is over a -30% decline despite gold moving HIGHER over this time frame. Furthermore, the Venture is only down ~12% over the same time frame.
Oh, and before metcoal (or any other management apologizer) spouts any of this "apples to apples, miners to miners" nonsense, the Amex Gold Bugs index is now actually HIGHER since 4/30.
Our management is a pathetic POS, shamelessly lining each others pockets with cheap shares and funding Bharti and co's slimy shell dealings.
Meanwhile, we shareholders - or, more accurately - we REAL owners of the company, share in nothing but losses and further dilution.
Glad to see some of our new investments already down -40% since 4/30 - not like management could have been BUYING BACK OUR COMMON instead.... Or, god forbid, actually returning some of OUR money back to US.
What a travesty....
Oh, well.... at least I don't own the warrants.
| AAA.V | -37.93% |
| ADV.V | -40.50% |
| APE.V | -40.00% |
| AVR.V | -13.33% |
| CML.TO | -23.81% |
| CRK.TO | -27.81% |
| CT.V | -37.50% |
| DAC.V | -28.40% |
| KIA.V | -37.50% |
| LFD.V | -18.33% |
| LGO.V | -23.91% |
| RM.V | -21.28% |
| SUE.TO | -10.17% |
| VML.V | -17.02% |
| VST.V | -18.89% |