Originally posted by possum_30
But have spent a lot of money, lined their pockets & look where we are, the slimmest bit of hope is that if they do actually start drilling I really hope to goodness they find something because GK sure sucked me in with his tall tales, I hate myself for listening & believing I am so far in the red on this company, what a way to start the new year I thought & hoped the new management might pull something out their a*%se. But I know what people are going to say that's the spec end of the market, deal with it. It's still crap but.
"spec end of the market ... and accepting to lose" is NOT a ticket for rogue company management. What we are facing is NOT bad luck as a result of venture outcome. It is bad outcome as a result of bad management ... all those misleading timelines, CRs without the projects on which they were to be spent being followed up on, promises of project plans that were nothing but a few lines in announcements, spending money on sending useless geologists overseas to make it look like he is doing something, spending money on couches ...
Before I am told; "But we have new management" ... No we don't ...
we have new names pulled out of the hat .... GK's hat.