PEL 0.00% 1.7¢ pelican resources limited

management contact, page-9

  1. 2,814 Posts.
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    plough,
    When i made contact i was told CEO was overseas on Holidays.
    I asked some rather pertinet questions re why the MPSA was not approved after years sitting in the Secretaries (Philippines)office.
    I also wanted to know what they were doing about it and when they were going to give their shareholders the true picture of why this is going nowhere.
    The CEO basically told me to sell my shares if i was not happy with the company.
    Great attitude!!! Obviously cannot handle any shareholders who have the cheek to question their shortcomings.
    The cash reserves are drying up at a rapid rate so why don't they get off their backsides and question the minister as to why or when the MPSA is going to be approved or not.
    They have stuff all other projects of any consequence, so the only result at the end of the day is a capital raising (who would place hard earnt into this mob?) or wind up!!!
    Very bad investment on my behalf and any other current holders IMO.
    Good luck
    dapper
 
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