WM mgtmt turned a positive into a negativeAnouncing the presence of 4 .3 mil oz of gold should be an automatic positive for any company. Our CEO and BOD know better than to do what they did. If u are a CEO and get to choose a release date for VERY important data- you then must absolutely make that date OR LOSE CREDIBILITY FOR THE COMPANY IN THE MARKETPLACE. Examples of doing what you say and then reaping benefit for that timely action are OBNNF and KRR each of whom MAKES DELIVERY OF THE FORECASTED DATA ON THE DATE SELECTED.
WM blew their promised delivery date TWICE.
Once released WM wrapped the data partially in the Martinere data. Martinere's original MRE RELEASE BY Balmoral was so poorly handled it almost destroyed BALMORAL. WM's release yesterday was worse than Balmoral but produced the same result- down 20%.
How could mgtmt do such a poor job handling a positive news event.?