Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am bewildered that George is still allowed or wants to go in front of the Cameras .
Every time he does the Sp goes down he and shareholders lose a lot of money .
The previous stock box without George the market views it positively and seemed to believe what the lady from Stark was explaining.
The market and a lot of shareholders do not trust a word that George says so to limit the damage surely it would make sense for some one else to do future interviews ???
Excellent coverage again by Mark
Two things that stood out for me .
1. The questions were answered by knowledgeable people who fully understand each process.
2 And the market reacted positively to this rather than negatively every time George goes in front of the camera.
In summary George should not be aloud in front of the camera!!
Most would agree that the current situation is not ideal but Canmax / Stark and George have come a very long way in a short space of time so they will work together to rectify the issues.
Still hoping and expecting a very good return on our investments over the next 12-18 months.
Gla
Afternoon Snowking
If George continues to misinform conceal information and tell lies like he has been the undoubted potential will never be realised.
For him to do a webinar after the carnage that he had a large part in causing and without apologising to Shareholders who had lost thousands speaks volumes.
The company desperately needs someone with greater knowledge / experience and a clearer vision of what is needed to
1 keep George under control and
2 .accurately update the market with clear and definitive information.
Totally agree George has confirmed that he is not the right person the job is far too big for him .
The best way of restoring confidence in both shareholders and the market would be to have a CEO who can be trusted and unfortunately George has proven on numerous occasions that he cannot be trusted .
I agree that the webinar is not a wise move on George’s part.
The dishonesty he has shown towards the shareholders is a hard to forgive .
I would be happy for him to remain in an advisory role but as well he has done to get the project to this point we need a Professional CEO who the shareholders/Canmax and the market can trust .
In fairness to Snowking he is here fielding questions from unhappy shareholders so who knows whether it is blind loyalty or something else ?
George putting in 100k was an attempt at trying to fool the market and shareholders but it has backfired big time!
Suzhou / Canmax will be equally upset with George constantly lying to them so who knows how this plays out .
The likelihood of a cheap buyout looks more likely than George backing up his promises !!
Good evening Snowking
George knew all of the problems but chose not to mention any of them until he has got his begging bowl out again.
So everything is moved forward to September now because George has given his projections of what is going to happen !!
Well the market obviously think George is not capable of delivering / backing up another of his many promises and that is the main reason for the Sp tanking.
Do you honestly believe what he is telling you ??
The market and most shareholders do not believe a word he says .
I did say on a previous post that we were in for a few bumps in the road but this is a major resurfacing job !!’
Either way It proves that George is out of his depth , he continues to lie too the detriment of all shareholders/ sorry most shareholders !!
And put the blame at someone else’s door .
All of his supporters will have been given the heads up on the carnage that was about to happen and will have taken profits .
I would be more than happy if we were bought it for 2p next week.
George has played us all and got away with it yet again
how many more times!!!!
After reflecting on Friday’s carnage I have come to a few conclusions.
1. Gr has done well to get the project to this point but is now out of his depth .
2.Suzhou / Canmax have sussed George out and do not trust him .
3. George is still continuing to treat “ Most “ shareholders with contempt until he needs money !
4. The Stockbox site interview Q&A was a selection of questions that George had already seen so he
had the answer to the question anything contentious was skipped , and Snowking was used for George’s benefit .
6. But having said all of the above none of the fundamental’s have changed so Fridays carnage was harsh and the Sp will recover .
Next week we go again !!!
5. But
I do hope you are right Dazed !!
George did say 7-10 days for first shipment but he has promised multiple things and failed to deliver so if no positive RNS / news tomorrow no one on here should be surprised.
All of the fanfare and momentum built from Marks excellent coverage during the site visit has evaporated.
The site build and everything else that goes with it has been nothing short of remarkable but the market and shareholders now need evidence in an RNS with facts figures and projections. !!