The Burden Of Leadership During Covid Has Its Consequences! What happened to Abcourt Mines between 2019 and 2020? They posted their financials and MD&A's in English until 2020. I noted this fact on the proposed new website (Abcourt.ca) that never materialized.
https://abcourt.ca/en/rapports-financiers/ Their narrow minded '
French only' mentality apparently began, in earnest, at this time.
They still give a brief English synopsis of their financials in press releases but perhaps only to appease the stock exchange regulators?
And today, the Abcourt Board of Directors doesn't perceive any value in promoting the company at all!
Why might that be?
Are they waiting for a new CEO to take charge of every simple decision!
This is evidence of a very bad trend that may be an indication of a very disfunctional company.
This is not normal! No public company should behave this way! The Board of Directors is just as responsible as the present day CEO for this public relations fiasco. This is a very confused and self indulgent group of individuals. It is becoming clear that they have little idea about how a professional company should relate to the investment community.
It is most inconsiderate! Are they even capable of selecting a new CEO to bring in the needed change? We must hope!
Can anyone hazard a guess about what may have transpired to make this leadership so narrowly focused and bent out of shape?
They seem to only care about themselves and their personal fears.
The former trend now appears fully entrenched!
Don't ask for their promised newsletter. It doesn't exist and perhaps never will!
There is something seriously wrong with their thinking!
They say the right things but their actions don't jive with their words!
https://abcourt.com/wp-content/uploads/2021/12/PR2021-12-22.pdf They need a new CEO mining engineer and perhaps a new company therapist!
The Covid crisis has been hard on us all!
The Covid crisis began in Wuhan, China in March 2020.
Is it just a coincidence that management started to go off track, right about then?
Especially now, during this Covid crisis, professional help for the confused mind should be readily available for all company employees.
There is no shame in seeking some assistance!
Leadership is a difficult burden to carry.
The stress of decision making may be taking a toll!
All shareholders are paying a price!
Let's hope the Covid pandemic ends, very soon!
Decision making is difficult, even at the best of times!
The new CEO will have a difficult job ahead!
This difficult burden will soon fall, all upon him!
No present board member seems capable of making the correct choice of direction.
Ironically, that's their job!
All the best! Java
