RE: broken promises Security01...there's more than a few folk out there expected an announcement pre-AGM about a Gold Program. And quite a few posts that clearly expected a magical re-rating of the sp upwards on the news.
That might still happen. But not today and not tomorrow either.
One by one, the magic bullets are missing their target.
There's a simple explanation: market sees past any froth.
You can't replace doing the right things, in the right way and being adaptive...that's what strategic leadership is all about. If Frank displays that skill set this year, he'll have more than earned his $360k.
I can seriously only think of a few ways forward from here for GBB that will help existing shareholders realize the value of their investment for all the risk they will have taken. And I can only think of one way forward where existing shareholders, like me, are protected and allowed to realize the full value potential...
So how about the wacky pumping group lay off the silly posts for a while. And how about GBB kicks off this post-43-101 era with a clear statement of what they plan to do for the remainder of 2012 and how they plan to finance it, and we'll all take it from there?
AGM is a chance for clarity...not more comms about schemes that could magically cause some re-rating of the sp. Because what if they don't?...like so far....
Just suggestin'
sjm