RE:Board of Fools? Welcome our new board and advisory members:INVESTING2000 wrote: Michel E. Labrousse, Jean-Sbastien Jacquetin, Caitlin Jeffs, Albert Contardi, Wanda Cutler, Victor Cantore, Claude Larouche, George C. Patterson and Robert L. Phinney. They are sure looking foolish thanks to David and Martin and have been completely ineffective so far. Gold up and almost every gold stock up today and we are trading at a joke of a price of $0.07.
Tomagold is the most unexciting, do nothing company in the junior gold sector. David and Martin are running their usual show, working 1 – 2 hours a week, sucking salary, expenses, rent, fees and expenses and just waiting to issue themselves more bonuses. While 4 years ago they burned through the $2.5 million in the first Iamgold bailout in only 18 months with out doing anything (followed by a 2 year disaster of a halt), now they have around $6 million to play with. So expect Tomagold to bleed out over the next 3 years if the new Board member chose to do nothing, jeopardizing their reputations in the process.
So much potential being wasted and shareholders continuing to suffer. Absolutely shocking that so little has been done since Tomagold started trading again. What do David and Martin actually do? No news, no drilling, no plans, no PR, no industry recognition. Hard to believe two people could do such a poor job, even if they tried. We are so overdue for change. With competent, credible, and able management, this stock could be trading well above $0.50 before the end of this year. Instead, no one even wants to buy LOT at $0.075 these days. A very sad state of affairs.
Sad, but all true. These people should be ashamed of themselves.