Ann: Project Update - Argentina, page-54

Extremely disappointing to see directors once again filling their pockets.
Especially at a time when the company really can’t afford it.
-3B shares on issue, with more CR’s incoming.
-no cash balance.
-no progress.
-no samples from la roja despite LRS stating they were taking samples for analysis multiple times.
-San Luis abandoned after 4 CR’s and the 1M from Asian resources fund, totaling millions of dollars and a whole year and a half wasted.

I’ve seen a few spec stocks struggling, while still in a much better position than LRS make decisions to cut director pay and suspend bonuses for the welfare of the company.
LRS does the opposite.