Report Card for MalbexManagement Is there a common theme below.
1. Safety Record
1 fatality
MANAGEMENT RATING F
2. Shareholder Value
80% decline in Share price since January
MANAGEMENT RATING F
3. Quantity of Drilling
From budgeted 15,000 metres in Sept.
down to expected 10,000 metres in December
down to actual 7, 300 metres end of May
MANAGEMENT RATING F
4. Quality of Drilling Results
Out of reported results 1 good drill hole
MANAGEMENT RATING F
5. Timeliness of News
Only 17 drill holes announced. Still waiting for remaining 11 drill holes.
Management must think that no news is good news.
MANAGEMENT RATING F
6. Properties Optioned or acquired In supposedly Pro MIning Areas
More garbage. Last I looked anti mining sentiment is rife in both Peru and in La Rioja.
MANAGEMENT RATING F
OVERALL RATING F