GREY:SGGDF - Post by User
Comment by
Clinterooon Mar 19, 2013 4:36pm
159 Views
Post# 21152052
RE: RE: This Board
RE: RE: This Board Oil
Any idiot can do the math and see an increase from $0.025 to $0.03 is the same as $2.50 to $3.00. However, I have heard that about this company for the past 5 years. It keeps going down.
Anyway, that is a minor issue compared to you saying management is doing soemthing. You didn't quite say they were doing a good job but close enough. In my opinion this is one of the most incompetant management teams I have seen. Yet they still get paid like they are accomplishing something. $550,000 last year in director and management fees and who knows what else. $172,000 to Nigel for the exemplary job he has done. Just look at the share price to show how good he has done.
Also, we are told there will be production in Q4 of 2013. You obviously dont know anything about this company but it makes so many promises of timelines and so rarely meets them. I would be absolutely shocked if there is production in Q4 of 2013. Just the way this company operates. If there is I will eat crow but I am confident that will never happen.
anyway, good luck with investing in this POC. Hope you can make money off of it as nobody else has for the past 5 years.