history --or dummy spit!, page-16

maple

Sure does look like the majority of gold producers in WA have their priorities completely WRONG.

Where they should be acquiring (or merging) high grade companies that have fallen in value, they are wasting time with piecemeal (and often ludicrous) acquisitions.

RMS with its silly decision (which seems to be continuing) to buy small deposits on a piecemeal basis

NST (the stock I hold) with its ridiculous 'MATES DEAL' with Mulroney over at VXR (when VXR was on its knees because noone wanted to give them cash, Bill decided to bail his mate out! Course they'll deny it.) Thankfully it only cost them $6M so far (I am convinced they dont intend to go ahead with a full HV on VXRs dud project)

SLR with its silly PRH acquisition.

DRM (which I still hold but nowhere near as many) and its ridiculous decision to screw its main supporting broker (also my broker) who then pulled his support hence why SP is around half of its peak (I still have not been able to fathom WTF management were thinking). Coincidentally this was the same reason why MANY years ago I sold my MANY IGR shares (different broker at the time though).

It seems to me most gold producers are only smart until they actually become successful and get some cash rolling in...that seems to be a trigger for major plot loss.

Cdchi1