Good point Hotmuck.
I would like to add that far as investing goes in any company management is top prority. Many junoirs with good properties have stagnated or declined because managment fails to do what it takes to move the company forward. Investors are used as an income source for management who consistently to raise money through private placements and spend much the money on themselves while diluting the stock. Sterling Silver is a classic example. It is truly alarming how often this happens.
Action speaks louder than words and Grizzly Diamonds is one of those rare companies that continues to run a lean operation motivated to produce a win-win situation for both management and the shareholders. The Griz has demonstated this by aquiring surprisingly large highly prospective properties in Gold, Potash and Diamonds while maintaining an amazingly low share float.
Not only did they aquire these properties and remain under 30 million shares but these properties are all road accessable and in the southern parts of BC and Alberta, each property showing significant potential to be a company maker.
The Griz always does what he says he is going to do and does it within a time frame or sooner. He often overdelivers when it comes to aquiring the properties and he watches over the shareholders money like a hawk.
Comparing GD to other juniors you will be hard pressed to find a company who has done so much with so little and is unwaveringly commited to increasing shareholder value.
Loading...
Loading...