Post by
lithomon on Jun 07, 2021 9:02am
dothemath.....BM in his 90's
I think you will agree, don't forget the old guys, no nonsense guys built a lot of mines in their day on very few shares outstanding (it's an acquired skill), unlike today, where some leaders of the companies are playing their own market instead of the task at hand of moving forward development & construction and companies end up with hundreds & hundreds of millions of shares outstanding & still drilling the deposit & still have to go to the banks to get the financing to construct the mine & facilities.
I'd be surrounding the Boards with more of these older mine developers & builders and I'd be getting them to talk to the banks to raise construction funding.
Keep in mind that 90 is the new 70 as there has never been a time in history with more 100+ age cohort.
Just saying.......
Comment by
Cr00ks604 on Jun 07, 2021 4:59pm
Hey Lith, dolt, didn't you just describe SPMT in the post. 100's of millions outstanding shares over the years & fk all to show for it. Jimmy only in his 50's so are we looking at 500 million outstanding before he's dead? & still has fk all to show for it.
Comment by
dothemathpeople on Jun 08, 2021 9:06am
Exactly. And continuing to spend more on promo, than property. What did the Jimmer do for a living prior to being jasons stooge?
Comment by
ErinBrockovich on Jun 09, 2021 7:51am
Funny you should ask that. I've investigated the past of several of spmt officers. At one point jolly worked alongside a guy who was convicted of fraud. That's a fact.
Comment by
dothemathpeople on Jun 09, 2021 8:18am
Do you have more details? That was a tad light for me. Names. Titles.
Comment by
StockTrader2018 on Jun 09, 2021 9:12am
How does this makes Jolly a fraudster? If you are an idiot then it doesn't means everyone around you is an idiot as well...