Post by
nozzpack on Aug 26, 2024 5:13pm
POG up at $2553, oil up, copper up, C$ up
What we are seeing is the rise of commodities as tangible value and the decline of the USD as printed value brandished by hegemonic might that is fast fading.
Yet, we are hobbled by a management team that lacks a demomstrable vision, unbelievably and seemingly blissfully unaware that a decision to monetize its high grade discoveries would elevate valuations by multiples.
By his investment actions alone , the CEO is demonstrably incompetent .
our BOD acceptance of such unwise and un priotized investments shows that they too lack the visceral courage to stand up and be counted in defence of their fiducial responsibilities to all shareholders .
Such leadership weakness in a very competive venture capital market is best exemplified by NFG management allocating control of our share price to ATM external agencies whose price objectives are the opposite of what should be fair and efficient financing .
Nothing will change here until we have assertive management fully fixated on advancing shareholder value commensurate with our exploration success through monetization initiatives .
Just my opinion but empirical outcomes remain fully supportive of that view..
Comment by
unclebobby on Aug 26, 2024 6:18pm
That is also the sediments of shareholders ,impeachment is in order and shareholders would agree, no compensation for incompetence imo
Comment by
Flyby1969 on Aug 26, 2024 6:46pm
Be damned share holder sediments! That grainy stuff gets everywhere.
Comment by
unclebobby on Aug 26, 2024 8:27pm
Hay Greek go stuff yourself, nozz does contribute to the site, you can move on it would be much appreciated
Comment by
Patient1nvestor on Aug 26, 2024 8:58pm
I have emailed Collin Ketell my similar view, although not written as eloquently, why don't you and others let him know? It is our company.
Comment by
Global1966 on Aug 27, 2024 4:37am
You seriously think CK gives a stuff. With ES and management 70% of the shares are locked up. They do what they what to do