Geomega Resources Inc V.GMA

Negative trend

[Mike66]

Ouch, negative trend since 2 months . Any explanations?

[outonthetiles]

Ya our CEO is a douche bag (that's French for dikhead). He can't even write a press release with some enthusiasm. He's a terrible communicator and poor  promoter.   Sure he's done a lot of good over the past 5 yrs but imagine where we'd be right now if we had a CEO with some decent communication skills. Way to go Kiril drive this MOFO right into the ground.I

[SpecSit]

there are plenty of stocks to play that create that eiffel tower shape on the chart, as you clearly prefer stocks that moon on promote and don't care about the underlying business developments.

[outonthetiles]

Ive been through the ringer with this company since I first invested back in 2013,......so don't tell me what I prefer.  Every timeline on GMA corporate presentation since 2014 have been way off. What I'd like is a CEO that sticks to timelines within reason, and knows how to properly communicate with shareholders.

[SpecSit]

That is an appropriate criticism.  Sticking to timelines and meeting expectations. But putting out updates for the sake of updates that will dissapoint as much as the lack of meeting those expectations is pointless. That makes the stock look like a promote where everything is done to keep SH's attn. So unfortunatley Kiril has overpromised on timelines, but will likely deliver on

[outonthetiles]

My complaining on Stockhouse isn't going to make any difference......it's just therapeutic venting my frustrations. But it is disappointing seeing our market cap get cut in half over the past two months and no clear direction for the second half of the year. We need an update Kiril and you know it.

[Mike66]

I have to agree. m in for 6 years now with a lot of shares. We need to know the plan for the next 6 months.

[SpecSit]

Unless that update says "we are ready to go...orderring equipment", or "Bauxite program is a go and our partner is ______", what do you think will happen to stock price?  So I go back to what I said.  Only updates that give material information are worthwhile.  Stock will get hurt worse if the update is "things are progressing...blah blah...hope to be ready.

[ALF6969]

I agree if there is real news I would rather not here any fluff at all. They are well funded and have a plan I guess some people are losing patience. I just started a position so Im going to give them a year to get everything together. This year looks like a major inflection point for the company and worth the wait to me atleast.

[outonthetiles]

Why do you people keep coming up with excuses for kiril and his lack of communication with investors?!?! This isn't his privately owned company this is a publicly listed company and we deserve to know WTF is going on with our investment ....whether that be nay or yay. Get it in gear Kiril!! Let's go!

[SpecSit]

So he gives an update....it says pretty much nothing, because nothing important to say yet and then what will the complaint be? Bottom line.....stuff is not obv not ready to announce yet, so hold and wait or sell.    Useless update to appease curiosity are really pointless.  It's not like the market doesn't know what it is waiting for and there is confusion on future

[outonthetiles]

If that's the case after all these months, then we're all in big trouble. 

[SpecSit]

becuse an update that doesn't say "done....shovel in" is pointless.  Don't need to see the labour pains, just show the baby.