TSXV:FCO.H - Post by User
Post by
onehafnorseon Jun 08, 2012 5:54pm
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Post# 19994975
agree with trimming
agree with trimming essentially I as a shareholder sold onehundered thousand shares several months ago. I other words i trimmed the compny in my own way (reluctantly).Perhaps it is now past time for the CEO to do the same as she hands out te pink slips she could explain her thinking and also offer the folks that got them that when the situation returned to normal she would like them to consider coming back on the payrole.I can understand the reluctance of Ms. Green to do this however when you have most if not all of your shareholders screaming for change of this type perhaps it is the proper move to make. One fact that suggests to me this is the proper thing to do is that the wonderful story about the USA not having a supply of Cobalt should have had perhaps IMHO financial interests lined up with various proposals for many months past by now.I cannot avoid having serious doubts about the the project financing . A dose of the truth would probably cause the share price to collapse however the core shareholders would still support the project.Meanwhile the layoffs should begin.Why the BOD have not had Board members quitting or resigning is a negative to me. It is a very difficult job building a company , so the above suggestions should not seem too harsh for her ears.