GREY:SREZF - Post by User
Post by
currency24on Jan 15, 2016 1:45pm
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Post# 24462823
FUTURE?Leadership?ILLIQUID/FAILED BIZ Planning
FUTURE?Leadership?ILLIQUID/FAILED BIZ PlanningSYS future and leadership is in Question. Over time loss sight of their BIZ plans to concentrate on Black Dome and Elizabeth and wasted funds out side of these two prime areas.
The law suit on Elizabeth is interesting since in they had a great working relationship with the property/claim holders and everythign went south.
Also, wasted a lot of $$$, but a number of resource companies have wasted a lot of $$$, on salaries, expenses, travel, on other properties.
SYS needs to conserve funds and cut expenses and concentrate on Black Dome and hopefully Elizabeth, once the law suit is settled.
Don't get me wrong if SYS is properly managed, control expenses, and they get back to what they had originally planned years ago, Black Dome and Elizabeth, SYS, at 1 or 2 cents could be rewarding. But, they need to save as much $$$ now and try to raise some to build their cash reserves.
The only board member that I question is D Zhen - the China mkt and metals person, not sure why he is on the board.