news..the lifeblood of a company especially an exploreco.
No news and as well as speculators & traders people loose interest. BODs get paid regardless if there is news or not.
Only if you could get parliament to pass laws that equate or tie corporate salaries to SP & profits, up & down will you have a chance of forcing corp. boards to what would amount to...is having regular press conferences not unlike what the FED chairman has to do on a monthly basis. Good luck on that.
What happened to the state of affairs way back when... corporations would regular issue an earnings report 'beating by a penny'. They all did it lke trained rats. Why is it that some companies under promise & over deliver & others just don't get it. Why don't they all do it that way?
Why is it that some retailers like Aeropostale don't issue monthy sales reports anymore, because they know how volatile earnings from one month to another is. No one can yet predict human behaviour from one day to the next.
What makes some BOD better than others? Skin in the game for one. Some are better poker players & some are better at negotiations.
You can make up your own mind what MMT's BOD are good at .
carlos