Post by
iluv2buyem on Apr 01, 2021 10:59am
And the number # 2 Rule as a SHAREHOLDER
As shareholders, you have all got a vested interest in creating positive sentiment around the stock. It's hard. If you can't do that, it's probably best to sell out and take your losses on the chin. The reason why I'm saying this is because technology has definitely changed the game. When I started out as an equity analyst, our sources of information was Bloomberg, Financial Reports, Management and Industry Associations.
So if we all have a collective reason to see the stock price improve, we all need to do our bit. Stop the criticsm. Put out some positive sentiment. Give management support. Recognise that they are doing their job, they've planned out the drill program and haven't mismanaged or run away with the funds. They've put the money to work for their shareholder. They can't change the weather, the gold price, or the backlog at the lab, but they can continue to press on and they are.
Management is highly invested in this company so no one wants assay reports and good news more than them.
Management is highly invested in this company so no one wants assay reports and good news more than them.
I'm all for shareholder activism. In fact I welcome it as it keeps management honest and accountable. It's good governance at the end of the day. But when you already have an honest and accountable management team at the helm that's invested and doing all they can, then shareholders really do need to do their bit as well and make sure that if they are posting publicly, then they are doing what they can to create positive discussions and sentiment.
Let's try that as an Easter Resolution.
I wish you all a wonderful weekend.
Stay safe,
CoreMD
This was sent to me by a lurker - Thankx Reader A . I have no idea who Core is . BUT ILUV what it says . Highlights are mine .