Ann: Galena Appoints Alex Molyneux as MD/CEO, page-43

While I appreciate you bringing Alex's past to our attention (I am serious), so far I haven't seen anything that suggest that Alex has done anything wrong. Companies fail and it is not necessarily the fault of the CEO when it happens. PDN was a basket case long before Alex was appointed CEO and in my opinion doomed. Looking at the situation from a distance I am not sure anyone could have rescued the PDN shareholders.

What I am more interested in is do the financiers consider Alex a person they can work with and can he drive a hard deal. The fundamentals of G1A are vastly better than PDN and give Alex a much better bargaining position to work from. The economics of Abra are outstanding and look to only get better as it is drilled out. Lead is about the most stable commodity and with the grades G1A has they should have no difficulty getting the interest of other serious parties.

I will get worried if Alex starts dealing with the Chinese, but hopefully that won't happen.