CAP 2.27% 4.3¢ carpentaria resources ltd

time for management to stand up, page-2

  1. 6,294 Posts.
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    Stja, I don't want to undermine you here, but do I have to remind you that management don't dictate where the share price heads? The stock market is merely a medium to gain ownership of a company. Right now people are willing to sell their part ownership for 35c, but that doesn't mean that in 6 months time people will be willing to let go for as low a price, even if the company doesn't necessarily change that much.

    What more can we ask of them?

    * JORC was above expectations
    * PFS illustrates that Hawsons betters many developing magnetite projects in Australia
    * They are exploring the minnow tenements at Macdougals, Glen Isla and YG/Euriowie
    * Nick is the first to sign up for presentations to sell CAP's story (I can count 3 in the past 6 months)
    * Nick jumps on to BRR to further sell CAP's story
    * They didn't pay themselves through the entire GFC to as to keep CAP running
    * Sublime capital management
    * etc, etc the list goes on

    Being honest here, I don't think we can ask much more of them. Sure, some people have made their opinions clear about how the BMG court case might have been dealt better, and sure, it would be nice to receive an update from them, but they always work in the best interests of shareholders and if they don't see the need for an update then I trust their judgement.
 
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