Jeepers, creepers. I guess 10 years must be the new standard.
Abilities of this management compared to other companies.
Years ago, I used to hold shares in MTX and CD (It all started with Goldtex). Needless to say it took me a fair number of years along with significant losses before I finally cut ties with both of these companies. Believe me it was refreshing to let them go.
I still keep an eye on them to see if Chuck can ever make a second hit in his career but I will keep my investment dollars away from their numerous companies. There are only so many hours in a day to move things forward.
There are so many other companies out there where the managements track record is much better.
One of my most comfortable holdings is Cordoba Minerals (V.CDB). The management has a more favourable track record IMO.
The company just recently completed a transaction to consolidate a major land package covering multiple porphyry copper-gold targets in Columbia.
I believe it may be another Continental Gold company in the making.
Cordoba Minerals website