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Re: pastorboy post# 10677

Wednesday, 07/03/2013 7:37:19 PM

Wednesday, July 03, 2013 7:37:19 PM

Post# of 12573
I hope for everyone's sake that Challis can get CD's attention as others before him could not. The next move would be to have Challis bring in three more board members and then launch an executive recruiting drive to find a new CEO and let CD remain as COO. All of this was recommended in 2010 and the rejection of its implementation resulted in chaos and massive shareholder losses. Of course, the bear market in gold and gold stocks didn't help. I am trying to find a reason to own this stock but the odds favour a massive, vicious, debilitating ROLLBACK and my bet is that Challis offers a huge funding package contingent upon a ROLLBACK and that CD will jump on it. After all, that drilling company has expenses, you know.

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