Hi Raider, This company has had a constant flow of 'Directors' for many a year now, all promising a new road ahead with little reference to the $Millions that have been spent prior to their election to the Board.
Take a look at this:
Previous Directors (Note: This data has been captured ONLY since November 2001) Name Position Name Date Appt Date Resign Mr Hans Rudolf Moser Non-Executive Director -- 21/11/2003 Mr Colin John Carson Company Secretary,Executive Director -- 16/10/2012 Mr Reginald Norman Gillard Non-Executive Chairman -- 02/09/2010 Mr Lindsay James Yelland Non-Executive Director 20/12/2000 28/03/2002 Mr Nana Prah Agyensaim VI Non-Executive Director 27/03/2002 27/09/2005 Mr Mark Andrew Calderwood Exploration Director -- 14/07/2004 Dr Alexander Becker Non-Executive Director -- 18/10/2006 Mr Graeme Leslie Parsons Chief Executive Officer,Executive Director 18/10/2006 05/09/2012 Mr Avraham Ben-Natan Non-Executive Director -- 05/09/2012
Just take a moment to ponder all the $M's this collective lot have poured down the drain on our behalf. Then, just to torture yourself more, think about how many $M in Director fees has been paid to them on our behalf, for the privilege of doing so. To really top it off, they go & sell the majority of the ONLY real 'jewel in the CIG Crown'....Perseus (oh, and some are still Directors on that Board too!).
Geez one can get really 'bitter & twisted' with all this.....lol.
CIG Price at posting:
6.1¢ Sentiment: None Disclosure: Held