RE: RE: RE: RE: Takeover Target? Investors are starting to question management's all around competence. They keep pouring time and money into Wilco, and the stock has not once responded positively. What were they hoping with that last resource report, where gold and silver ounces were taken out of the 'definite' category and put into the 'maybe' category? And more importantly, how many economic ounces are not being found elsewhere, while they fool around at Wilco, shuffling around non-economic ounces.
For those that argue that Wilco ounces ARE economic, you are entitled to your opinion. But Mr. Market says you are very wrong.
My guess is that investors are very turned off by the complete lack of responsibility regarding the publication of reports on time. A simple of apology would go along way. So would some sort of statement of corrective action. Like, "we will work with our contractors to try to do a better job of estimating dates.....". Instead, you get the very unprofessional, "It's not my fault", as if the CEO is not responsilbe for the performance of the company, including meeting published due dates.