For what it's worth.There is no doubt that Ursa's share price has languished over the past few years. I don't ascribe that to lack of effort on the part of management. Rather, it has more to do with the lack of excitement associated with the Shakespeare mine. We have a low grade mine, very consistent grades, but low. The ore is, for now, easily accessable but as we go deeper, the costs will rise. We will still make money, be profitable but there is no huge upside to this mine. What we need to do is create excitement . How? Perhaps by using some of the money we are earning to acquire a potentially rich property that needs exploring. Maybe a JV with a smaller company with no revenue. Maybe a property that one of the majors have that does not fit into their plans and they want to off load.
Any board that has R. Miller as a candidate will not get my vote. As my mother is fond of saying, "show me your companions and I'll tell you what you are". Besides, what does this new board propose to do to increase shareholder value. They haven't told us anything, zero. We are expected to just accept that they have a plan but we are not smart enough to hear it! I agree with the other posters, better the devil you know .
This year, Ursa expect to have revenues in the region of $18 million. What sort of revenue does R.Miller expect from ISM this year? A failed CEO of a failed company wants to show us how to increase shareholder value. What a joke.