RE:RE:RE:Current management and the Board deserve a lot of credit. With all due respect HM, the commodityTerenga mines is a far more likely reason for the companies recent success than those who occupy the corporations Board seats.
If Krn was a gold miner we would all be very happy, as gold prices continue sky rocketing.
I have never spoken to the previous CEO, but I am guessing that he was sold the same GSFC financing committment bill of goods that I was when he started with Karnalyte, based on recent corporate disclosure of his appointment to CEO upon successful financing of the Wynyard Project.
As we now know, those promises were used as a carrot by GSFC, but never materialized leaving a swath of expense to shareholders not only monetarily but also that of personal reputations in its wake
Even more ironic, it was reported the Rights Offering was spawned by the previous CEO, giving GSFC exactly what they have always wanted - control of the company.
For all of his efforts, instead of a statue on GSFCs front steps, he was abruptly shown the door shortly afterwards and had to find his own ride home. ouch!