RE: Colin bird23 Nov 2024 11:31
Zap thanks but I refuse to blame poor market conditions for poor governance / decision making. Gold producers I hold and follow have fared very well too so the it’s not whole market either..
To put in another way “even in a bull market” drilling a project with 0% ownership with loans that convert at 30 million value (imo) that you “might” own 25% of in 2 years Is a weak catalyst. Time is money for all explorers, this doesn’t appear a good spend of either imo.
I know the market, I know how explorers work hence my criticism.
I would appreciate your view on the fact that CB paid himself cash bonus for sale of Manica even though the activity crushed XTR share price AND the fact he hasn’t seen fit to support XTR share price and strategy even though XTR sp is one pip on the bid above nominal value…
The AIM market is in crisis but these boards will benefit from granular discussion as some share prices will bounce back a lot more than others…