Post by
Venturer1 on Dec 21, 2020 9:02pm
Corporate Update - ESM
The last update provided was mid-September. Included were references to a number of projects/initiatives ... I've questions on a number of them; specifically,
1. What was the result of the Zoning Land public consultation scheduled for October?
2. What is the status of the two (2) Certificates of Urbanism, which were to be completed or substantially completed by the end of 2020?
3. Has the Definitive Feasibility Study (DFS) been completed as scheduled (prior to year end)?
Having been a frustrated shareholder since 2017, I'm becoming more impatient with ESM management, and their lack of communication. (Let's leave "transparency" out of the discussion for the moment.)
One site suggests ESM has 423 employees. And, interested parties know there is a significant amount of subcontracting involved with the various projects/components/initiatives.
Shouldn't at least one (1) individual be tasked with keeping shareholders up to date with all developments, be they good, bad or indifferent???
Comment by
1goldfarmer on Dec 22, 2020 8:59am
Yes and you are not alone in your frustrations. I would encourage you to contact the company directly with those questions. I have done so with limited success, when the questions get too difficult, the emails stop. Good luck.
Comment by
Arthur02 on Dec 23, 2020 3:17pm
they dont care about share holders. only the future prospect of making money
Comment by
facbien on Dec 27, 2020 3:42pm
Here is your updated: https://www.youtube.com/watch?v=hk_qmxk_HlY&feature=youtu.be 1. Between October and November they blew $5 millon of their $15 million $10 million left.. 2. Burn rate of $5 million per month. 3. Six figure bonust when they get the fesability stufy done. 4. Everything pushed back to 2021