Post by
Gazoo2021 on Sep 28, 2021 7:48am
Malaco Take over at most 31 Days away
Shareholder's report to the Board of Directors
We shareholders understand that COVID has impacted corporations in the mining sector.
They all have adapted to this new reality.
Thank you for caring about the workers and the communitties that support our operations, this item is also important to us.
Our board of directors are proffessional people with elevated IQs.
Explaining the present situation is slightly complicated, as we cannot take you to the corner office and tell you, sorry this is not working out.
The issue lies with past performance of the Baldock and our present Chairman grouping.
They managed to wipe out much of our wealth in the last 10 years and previously bankrupted Veris Gold, the prior mess they managed.
Our present CEO has spent many years being mentored by these people who have never performed well on behalf of us shareholders. This past impacts of we view your present capabalities and we apalogize that you are stuck in this vortex.
Our stock price hovers in around our cash in bank position, this is a clear indication of how investors view your management skills.
Can it be that a bunch of yes people looking after each other interest in lieu of the shareholder's interest is creating for this level of mismanagement.
How can our stock price be slightly higher than the cash in the bank amount?
We the shareholders have lost confidence in your capabalities.
We have new hope with Malaco, so let's see what actions are taken at this AGM.
Comment by
SilverNS on Sep 28, 2021 8:29am
Did you forward to Management - if not you should