Heron - the silent killer, page-28

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absolutely clueless

660 Posts.

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25/04/17

16:15

Post #: 24252465
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Originally posted by Sally_Will ↑

I would bet London to a brick that only ONE person exists for which we ARL shareholders should be thankful for the formation of ARL. That person in my opinion is the only person at Heron who fought so hard to salvage all of Heron's "non core" non zinc assets.

That person is and has been heavily involved with ARL from the very beginning and in fact most likely came up with the company name Ardea.

A perfect example of the path that Heron was taking was most evident when Heron performed a fire sale of its shareholding in Golden Cross Resources.

If you were to ask the Heron board about Ardea, they would likely tell you that it was all their work but they are totally non deserving of accolades for Ardea's listing and performance.
So please remember you are likely doing well with your holding in ARL as a result of those currently involved at Ardea Resources, and as far as I am aware, only one Heron person is getting his hands dirty at Ardea.
Let's not loose track of the fact that the Heron board did absolutely nothing with Heron's assets, other than the zinc Woodlawn Project.

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Agree with your sentiments re Ian Buchhorn. His interests have always been aligned to shareholders. As for Golden Cross... I probably disagree... I think getting out at the price we did was like dodging a bullet. Ian still has plenty of skin in Heron
So I remain cautiously optimistic. The minute he sells I sell.

HRR Price at posting: 9.1¢ Sentiment: Hold Disclosure: Held
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Heron - the silent killer, page-28

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