reminds me that things have been going very slowly here - albeit for valid reasons. But as I look at some of the shares I hold (in particular BLZ, MLS, SBR) along with GED, PWW,PIM and maybe others that I am not aware of, I note that they all share the same team.
I am most impressed with those members of the team I have spoken to but I am starting to worry that their activities (or lack of) are being reflected on many of the HC threads.
Reading the activity reports it is clear that the offices must be very clean because not much is happening in any of these companies. Perhaps it is just bad luck all over, but in my down moments I worry that this small team are getting in way over their heads.
There are at least 6 companies all exploring in similar areas for similar minerals all drawing directors fees.
I have no reason yet to criticise and as I say I have been met at the front office level with nothing but pleasant and helpful people - but I can't help but worry that all these companies are beginning to stagnate. Perhaps there are some economies of scale that can come into play here.
I don't know much about the 3 in which I don't have shares but BLZ, SBR and MLS are all excellent prospects that for varying reasons have been going nowhere fast.
Not sure who is pulling the strings in this little nest of companies but I would suggest that whoever it is pay a little bit of attention to some of the things that shareholders find relevant.
Then again perhaps I should be lecturing myself about the importance of investing patiently!!
I've posted this on the BLZ thread because the subject of inactivity has been raised and BLZ is probably the best example of the lack of action that I have described. On another note I have noticed some significant trading activity in recent times on GED but for no known reason.
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