Post by
tsoprano24 on Jul 10, 2023 11:38am
Hey management
Not to bother you while you are busy, but how about a news release explaining why the stock price is too high? I can only surmise you think it is too high since you seem so GD adamant about NOT DOING A BUYBACK. Now, I'll admit I'm not a mining genius like you boys, but I did get a finance degree and spent 20 years as a broker. And from where I'm sitting you have a boatload of cash earning next to nothing with a stock price at, what, half, maybe a quarter of real value? Don't you have warrants that could be exercised and add more cash. Well, maybe that's the fly in the ointment, you don't want them exercised. Not sure what you dim bulbs are thinking, but sure would be nice if you released something explaining why you think the price is too high and why you want the stock below warrant exercise price. Little backwards from what they teach in finance classes. While Serafino did a lot of self serving deals that didn't benefit shareholders, he at least had the cajones to post here. He also had a dividend and stock buyback. Maybe you guys are in with the shorts and are loving what is happening? But, the shareholders here are looking at a gold price a mere $100 under all time highs and you sit on your hands afraid to spend a few million to screw the shorts, help shareholders and make an instant profit for the company. But, I imagine it's nap time for you underachievers, so I won't bother you anymore today.
T
Comment by
menoalittle on Jul 13, 2023 11:16am
Yeah, I'll second that...
Comment by
prem124 on Jul 13, 2023 5:25pm
Finally there is some more clarity on the future development. I would like to see also long term timeline for bringing Toroparu to production etc. I guess they wait on Soto Norte decision before establishing that timeline.