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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Post by Ethanbrodieon Mar 12, 2014 12:46am
476 Views
Post# 22311472

is there a recording of the cc?

is there a recording of the cc? I did miss about 13 minutes of it.. aparently it was almost done by then!

Did nolan say they are just going to sit and wait it out until we are generating better cash flow to fund new deals? 

I have a very hard time with people praising Nolan and his team. Honestly, they did no better than someone who knows nothing about the business and just picking companies to do deals with out of a hat. I don't know why they just don't admit it and say they screwed up MAJOR. They should be apologiziing to shareholders that they (the experts) have destroyed a tremendous amount of capital. They blame it on commodity weakness, capital markets etc.. When they were doing deals, It was at the beginning or in the thick of the difficult period for funding. Besides, why do they get to sit in the big chair and get paid very well by US? It is because we entrust that their expertise is going to make us money. To me its insulting to blame blame blame other factors etc, when in fact, they should come clean and say they dropped the ball numerous times. That would actually get much more of my respect. It would show that they are living in reality and know they made mistakes and they can show us how that these mistakes will not happen in the future (or much less)
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