Siennamai, thanks for your post. PC is normally quick to reply so it will be interesting to see how he comments on your e mail. The brokers, Nomads and most likely PC will read the BB's so he should be made or is informed of the PI mood. I see one or two posters have made some fairly defamatory comments in the last few days and a note of caution should be exercised when venting frustration in potentially libelious fashion. I agree some of wording in the RNS's needs to be sharpened up, this seems to be a common theme across many of the AIM companies. The trouble is that many AIM companies are short on PR and IR expertise and outsource it to City PR companies. Some of them are okay but many have not got a clue. SRES appear to have come across something very interesting in Nevada but now comes the tricky part in trying to commercialise it. As I have said in the past a farm in on the Diatomite would be a great first step in securing cash flow.
I think this company has lots of potential. Fantastic initial silver results but they need to communicate better regarding how they will profit from the silver.
I sent them this email today so hopefully they might take note:
I have shares in this company and take note of the RNS released today regarding the declining share price. I think the issue with the share price is due to lack of communication regarding how the company will profit from the silver. An RNS highlighting they are in discussions with potential partners or Farmee or even a sale of a low performing project to help funds will uplift shareholders optimism with the company. An RNS with the following ''We need to drill many more holes to get a true picture of the silver mineralisation but this is an excellent start.” is fine but many more holes sounds like it will take a year at least for a shareholder to see the added value.
From spending a lot of time on boards and listening to shareholders concerns they feel that the company is digging holes and posting the results but then not communicating what they plan to do with it. I think there is a lot of potential for shareholders but they need reassurance the company is actively trying to increase shareholder value.
If this could be passed to the relevant director as they may take these points on board as to the reasons the share price is struggling despite good news. They may then consider these points raised when releasing the next RNS.
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