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Re: RS500 post# 63459

Monday, 04/26/2010 1:07:22 AM

Monday, April 26, 2010 1:07:22 AM

Post# of 83044
I agree that the CPRKSA probably helped tip the balance to move MD along. No disrespect here for MD. He did some amazing things for a very long time. It was time for a new CEO with more business experience.
As to all of this talk about MS withholding LTF to sandbag MD, I say phooey. There is more than one potential source of LTF, and the CEO's job is to guide those decisions.
We saw MD put production ahead of permits. He put front end recovery ahead of tailing concerns. Not everything worked out as he had hoped.
MS seems to be dealing with all the problems and sweeping none under the rug.
I expect him to take this enterprise to profitability. I expect him to come up with financing. I expect him to instill confidence in lenders.
But if he wants to instill confidence in stockholders, we had better hear something concrete from him soon.

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