Post by
Massivesulfide on Jun 10, 2024 12:10pm
The Market has Sooken
I remember reading a post four or five years ago from a disgruntled Cantex shareholder. I can't remember the exact impetus for the complaint, but the gist was it's not the resource that I don't believe in, it's the management team. Today's share price reflects that sentiment from years past. An inability to treat shareholders with transparency and deference has led to where we are today. Noone is really adding to their positions while a few are selling and sentiment has gone flat to sour. This is all on account of management's inability to be accountable to the other minority shareholders. I think Chuck's goodwill is all but gone. Hopefully, we will get an announcement for a JV or outright sale this year otherwise, this share price might start resembling its other sister company MTX. If this whole undertaking has been a ruse, he might also get his order of Canada and mining Hall of Fame awards rescinded. Fraud is often frowned upon. Just ask Conrad Black.
Comment by
Matteo1234 on Jun 17, 2024 2:03am
Did you mean spoken pappi. Cantex started going down when bad karma showed up. First quackers then the dog. We need honorable shareholders not weasels. Hopefully they get shaved like hamsters and move on. Then we can rise. A strong team of ethical shareholders. No Chads allowed. Stayhard
Comment by
Waivergod on Jun 17, 2024 8:51am
Yeah the stock is down because of 'karma' ---i couldn't imagine walking around being that stupid. Life most be tough for you lil buddy