Interesting site, they seem on a vendetta They do raise some very strong questions on the timing of the mill re-opening- meeting permit condition in terms of costs and timetable. This shows at least to me the profund problem with IR in this company that they are projecting a September re-opening yet so many can quesion this projection.
As far as management of CFO I have not been around this board long enough to judge his overall competence- but there is the issu of whether the reverse last year was a result of bad maket conditions, faulty strategy and implementation, and whether CFO taking voting control and a second on the mill in itself a lack of confidence in the company. I dont presume I can answer these questons.
Making complaints about a company with no money I do not see that wil help investors recover any funds.
About setting stage for a reverse again, I just ask the question which to me seems logical, but to everyone else not- if factors that led to a reverse last year havent been addressed, then what precludes another reverse ? Seems consensus is that it wil not ocur again.
For the record I have no association with this company, I think their investor relations/communicaton is poor , and the fact so many questons can be raised shows that. On the other hand they do control a mill in an area with mines which if management can navigate this difficult year points to a potential turnaround.
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