RE: What is it with these15 Apr 2017 15:54
My biggest problem with many of these boards is that they are so often critical of management mainly based on the fact that their investment (or punt) is going down in value and they would rather see it go up. After all this is why we are in here. I personally do not believe that running any successful mining operation whether in the field or in an office should attract the automatic assumption, whether implied or real, that management is being very well paid for minimum risk. From my time contracting in the oil business there was a saying you're only as good as your last job. Without doubt, especially in exploration being run off, whether through being in the wrong place at the wrong time or genuine incompetence is ever present. Ok they're are well compensated but I just wish more punters would credit where credit is due without constantly sniping at the management. It seems to be almost the normal reaction to any event on AIM these days.
I agree that whilst 'self-styled' sheriffs of AIM do a service to investors some of the time the assumption is because punters are not making money it has to be because of overpaid incompetent management. Why not take a potshot at the greedy investors who do b***** all except press a few keys, make a fortune, and live the good life out of it. You should know mining of any description is high risk high returns (if you're lucky or are clairvoyant) and AIM is a casino anyway. Just don't see the justification for implying all management are making easy money out of the 'poor' investor. Its just a version of the blame game and in this case I really can't see any justification for it. As you say Kerim has made a very good living from it and as far as I am concerned he deserves every cent. That Red Rabbit is adjacent to Syria in a politically uncertain part of Europe could be construed as incompetence on the part of the investor putting their money into it.
Anyway all this is just an opinion and I am sticking with this unless of course Trump starts WWIII in which case we're all in the doo and I am convinced that this time around AAU will eventually be recognised for its achievements and potential.
GLA