Hi EVERYONE at Morro Bay Resources Ltd bull board blog!!!!!!!!!! I hope EVERYONE is having the BEST day!!!!
So I been looking and looking and looking at Morro Bay Resources and I wuz looking at the Management and Directors to see what they have for experiences and stuff.
John Zang, President and Chief Executive Officer Chief Executive Officer and Director of Verity Energy Ltd. since May 2010; Director of Touchstone Exploration Inc. Since June 2010; sole practitioner lawyer with the firm John C. Zang, Barrister and Solicitor since October 2002; member of the Board of Directors of RMS Systems Inc. (an energy equipment and services company) from September 2008 to November 2013. Denny Chow, Chief Financial Officer Chief Financial Officer of RMS Systems Inc. (an energy equipment and services company) from September 2008 to November 2013; Chief Financial Officer of Verity Energy Ltd.; Corporate Controller of Teine Energy Ltd. from February 2006 to June 2011. Stacy Bilodeau, Corporate Secretary Corporate Secretary of RMS Systems Inc. (an energy equipment and services company) from June 2012 to November 2013; Corporate Secretary of Verity Energy Ltd. since July 2010; Administrative Assistant at RMS Systems Inc. from November 2008 to June 2012. |
The CEO. Ahhh okay we see a
Lawyer as President and CEO whose only exerperience in resources stuff is energy????
The CFO also has ONLY energy releated experience.
Even the Corprate Secretary ONLY has energy experience.
John Zang, Director, President and Chief Executive Officer Chief Executive Officer and Director of Verity Energy Ltd. since May 2010; Director of Touchstone Exploration Inc. Since June 2010; sole practitioner lawyer with the firm John C. Zang, Barrister and Solicitor since October 2002; member of the Board of Directors of RMS Systems Inc. (an energy equipment and services company) from September 2008 to November 2013. Elmer B. Stewart, Director President and Chief Executive Officer of Boxxer Gold Corp. since January 2008; President and Chief Executive Officer of Copper Fox Metals Inc. since July 2009; President and Chief Executive Officer of Celeste Mining Corp. from April 2007 to March 2010. Carl von Einsiedel, Director Self-employed; consulting geologist since September 1983, doing business as Ram Exploration Ltd. CEO and director of Sierra Madre Developments Inc. since May 2009. Garth Kirkham, Director Self-employed; president and principal geologist with Kirkham Geosystems Ltd. (a private geology consulting company). Director of Sierra Madre Developments Inc. since December 2009. Director of Romios Gold Resources Inc. (TSX.V) since March 2005. Director of Duncastle Gold Corp. (TSX.V) since September 2007. Kivalliq Energy Corp. (TSX.V) since November 2008 and Lomiko Metals Inc. (TSX.V-LMR) since November 2009. Keith Erickson, Director Business and management consultant through his consulting corporation (GLWC Consulting Ltd.) providing business and management consulting services to various industries including government, utilities, health care, educational institutions and the oil and gas industry since 2005. Ken Younger, Director Manager of Production at Spur Resources since August 2010; Director of Remedial Concepts Ltd., a private oil services technology company, since January 2012; Project Manager and Vice President of Operations with Marble Point Energy Ltd. from 2006 to 2010. Matthew Zubot, Director Infrastructure Development Engineer with Talisman Energy Inc. since 2010; Project Engineer and Facility Engineer with ATCO Midstream Ltd. From 2006 to 2010. |
Wowsers!!! A little little company with only like
$5Millions market cap with 7 Directors??? I need to see how much these guys will be paid to see how much all 7 cost. A half Million shares at 10 cents is only like $50k each timez 7 is 3.5Millions shares of dilution each year but I need to see what they actually make. Maybe it is quiet a bit more I dunno.
Lets see we have Zang a Lawyer witch is probably better for Director than CEO and President than we have Elmer B Stewert CEO and President and Director of Copper fox metals AND Boxxer Gold corp witch are junior mining companies tho they are NOT doing very well rite now then Carl von Einsiedel who is also geologist for mining stuff than we have Kirkam who is also geologist who also is in Energy but also mining then we have Erickson who is BUSINESS AND MANAGEMENT CONSULTANT witch I dunno what that means and then we have Ken Younger who is also from energy sector then we have Zubot who is ALSO from energy sector.
So 1 Lawyer and 1 BUSINESS AND MANAGEMENT CONSULTANT and 3 geolgists who are in mining tho Boxxer AND Copper fox AND Romios Gold are NOT doing to good and 2 people from ENERGY sector. Seemz like MAYBE they should have some more people from Mining experience in the managemet of the MINING COMPANY more than being Directors huh??? I dunno. What does Energy stuff have to do with MINING stuff??? Not that much maybe huh???
So Management doez not look like it has junior mining experience but 3 out of 7 Dirctors do. So what do the Directors do??? Dont they just meet once in a whiel and say YES YES DRILL THOSE TARGETS AND SPEND THIS BUDGET AND DILUTE THIS AMOUNT AND PAY US THIS AMOUNT AND WE WILL MEET AGAIN NEXT QUARTER??? Or SOMETHING like that. Then the Lawyer and the ENERGY Guys try to figer out how to find minerals in Mexico with those marching orders.
I dunno if that is such a great managment set up huh??? Management with no junior mining experience and soo many Directors and only 3 of 7 have mining experience and a Lawyer running the whole show???
I dunno much about all this stuff b/c I am only lernin and stuff but this seems kinda backwards unless they were looking for oil and gas in like USA or Canada or SOMEWHERE and more than $5Millions market cap with less than like 53 Millions shares already out before they even drilled ANYTHING.
Anybody have some thoughts about this stuff???
Have the BEST day EVERYONE!!!!!!!!!!!! YEAH!!!!!!!!!! ^_^