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Wednesday, November 23, 2022 11:42:17 AM
ME TOO!
Over a year ago, I posted the following on the booby board. Of course, it fell on deaf ears.
C'mon folks .....
Does any member of the crew have the courage to telephone that straight-shooter Paul Thompson and ask him what these disturbing amounts of "consultant fees" are? Am I right in seeing that in the last 2 q's, we've seen over 1 million dollars reported in "consultant fees"?
Please, and I mean please (although my pleading till now seem to fall on deaf ears), don't automatically give PT a pass on this one.
An operation that so far has produced piddly amounts of gold, and PT is spending hundreds and hundreds of thousands of dollars on "consultants"? Every $500,000 in "consultant fees" means more than 16 toxic $30,000 loans. Why didn't PT spend these amounts on actually producing gold? (we seem to also have given PT a pass on that $1,200,000 default on a loan that none of us was aware of until reported as "defaulted" in the previous Q).
What the h&ll is going on??
Of course, some of you will indeed give PT a pass and say it must be that he's in high-level negotiations about the sale of the company or about a JV arrangement (lawyers are expensive, right?), but why is there no mention of JV or sale in the current Q? Wasn't this precisely what everyone was getting excited about a few months ago?
The duplicity/ignorance/vanity of this man is astonishing. What a mess he has created.
I'll finish with my earlier question: what the h&ll are these consulting fees? As shareholders in a public company, don't we have some legitimate right to know? We just bend over every three months or so and get reamed in the posterior.
mahat
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