LRS 5.00% 19.0¢ latin resources limited

Ann: Project Update - Argentina, page-54

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  1. 909 Posts.
    lightbulb Created with Sketch. 38
    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.
 
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