RE: RE: Management needs to send out a news releas
frankythetank and all,
I contacted the Chairman and I posted his immediate response.
Below is the response I got from the veteran Chairman in less than 1 hour after my email. But again, you all contact the company to confirm that all is fine with their operations. I quote:
----- Forwarded Message -----
From: Walter Dawson <WDawson@tuscanydrilling.com>
To:
Sent: Thursday, September 27, 2012 11:29 PM
Subject:
It is a pity we have so many smart people who write these articles without the inside knowledge of the company and shareholder sell on this type of information. Very damaging. Let me answer your questions the best i can: Firstly we only put out press releases on news (positive or negative). Because a market goes up or down it is out of our control. We have had contracts end in Colombia and new ones are starting, normal for the drilling business. In Africa somewhat the same but business is as usual! I can not and will not inform the shareholders when the market makes a move. The company is a young company and it is business as usual! Who are you to say “you have to do it” when we are governed by the Securities Commission rules and regulations! If investors keep driving the stock lower on bad information it hurts everyone including us major shareholders. Please remember when you buy shares you are taking risk! Please do not hassle the people trying to improve the company when it is out of our control. The company value has not changed only the market price value. Walter Dawson, Executive Chairman
Has any of you contacted the Chairman? He is very friendly and ready to explain everything.
Direct line +(403)930-5901. Or cell +(403) 861-6708 Walter Dawson, Executive Chairman
If not, why don't you do it NOW ?
pls post your findings.