RE: RE: DEMOTE BENDINGMessanger - Cry Me A River!
Bending spread thin is BS. He has had time to do work for Mahdia Gold and I suspect whilst he was being paid by SMH, he put together a Qualifying Report for another company in Africa, and goodness knows what else. He has had capable help while Glenn was alive and afterwards, Greg MacRae comes to mind as just one of them, but DB cannot work with others. He could have engaged George Orr, but I hear that Bending would never even call his Board together. He is a loaner and will not engage others for help.
You talk about geophysics etc. Well sir in two years of kicking stones on Marudi he has done nothing. He has available a 25% interest from Infinito that a simple half million dollars could have bought and got him control of the property. He has been unable to raise that money as he has been operating from the Mulgravian interests. The estimated reserve alone on Marudi is 2Million ounzes of gold, nothing to disregard. But the Infinito deal prohibited him from acting. And the list goes on.
Yes he acquired properties and in circles of his fame he is known as a "Deal Junkie". He has never pulled the plug on anything in his life and got it done. So here we sit.
Yes this will go forward now because there is strong management in place. Stanyer is no slacker and has been put into that position by Wallster to get done what Bending could not. The Board is now lined with good qualified people and Bending as the CEO with very little say is good for the company. If you look into the depth of this company there is $5 Million in unexecuted warrants and all they have to do is get the stock price up 40 cents to force them to be exercised. Add another $2-3 Million financing and they will have what is needed to complete work on those properties in north west Guyana (Sardine Hill) being the premier property in my opinion.
Do not credit DB with what went on at that AGM, it was done by a group totally foreign to DB and all he did was make sure he got included and stayed on as the CEO. We will be thanking Wallster and Stanyer in a years time for sure.