XST 0.00% 0.9¢ xstate resources limited

i think with raven, its all about ability. have you got a board...

  1. 7,782 Posts.
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    i think with raven, its all about ability. have you got a board that is capable of delivering projects that they have announced they can deliver? the minnow shareholders on hot copper are obviously peeved and want to see him unseated. but if there was any real problem with what the board is doing, then we would have seen that play out by now, when you have the full support of the major shareholders, then the direction of raven is still much as it was, moving towards some major acquisition as previously announced then trading the share.

    it just appears that expectations by the very minor holders in REL on hot copper, is making them lash out due to the lack of understanding why all the deadlines in announcements are not met. it is it what it is..
    you will always have a bunch of armchair critics on these forums, ones that never look at the projects themselves that have been lost and seen what ripping value those project have given others, and if you look at what xstate have missed, in sunset and sansinena, you can see that xstate certainly has the ability to secure great value in projects it looks at and unfortunately missed out on.. lets hope REL does that also for its holders and makes a great success out of it.. after all we all want to see investors make money (with the exception of one local troll)
 
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