RE:RE:RE:Pros/Consts9222 wrote: How can they turn a corner if they have terrible management and terrible execution?
You are contradicting yourself lol
Segovia production:
2014 74,507 oz
2015 92,894 oz
2016 ~125,000 oz
Not bad increasing production from terrible management and execution.
GCM was the only miner that couldn't avoid managing $1050 gold. Every other miner had extremely good managers that managed to avoid $1050 gold to make huge profits.
Hockeynut2 wrote: Hi TooTall. Happy new year. Terrible management, terrible execution, terrible history, but I still bought 50k at 9 cents. I think they may have turned a corner. Time will tell. Good luck to you.
Good Evening TS. I apologise if I hit a nerve. I stand by what I said. Bad management, bad execution, and bad history. I still think it's worth a shot for a small gamble. The reasons you mentioned are the reasons I bought in. It's nothing more than play money and a gamble. I think they MAY have turned a corner. However, you can't ignore this management teams performance when gold was at all time highs either. Anyone looking at this just has to check the 3 year chart, then the 5 year chart, then the ten year chart. It's a pathetic picture. Unfortunately they have also run up the share count again, brings up the possibility of another reverse split. That's just a fact. Can't be ignored. For myself, I'm hoping for a double, at which point I will sell 2 thirds and ride the rest. I'm not sure what you're hoping to get out of this, but I hope you haven't bet the farm. GLTA