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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

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  • FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

  • LOMIKO METALS (TSXV:LMK) Paul Gill Discusses Exploration Initiative with James West of Midas Letter Read More   |   *SPONSOR
  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

Message: John Simmonds Statement

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Re: John Simmonds Statement

posted on Jun 06, 07 08:14AM

"Things don’t happen over night and new buyers for the stock are being driven away by most of you, not me."

This seems to be true. The posts here are overly negative. The anger here an Agoracom is intense; and rightly so. I've been bitchy as well, even though I have no reason to be. Moneywise this stock has been good to me. Yet when I see corporate injustice, I can't help but to get mad and rant.

However I believe it's time to forgive. Not forget, mind you; but to forgive. Otherwise we're just 'cutting off our noses to spite our faces'.

I have money in this stock that I want to see grow. Many of you have paper loses that you want to minimize. Bashing does us no good. The shareholders have made it clear to JS and the board that it's time for a change. Lets give them a chance. Maybe good will come of it. Scaring away potential investors certainly will not benefit us.

I thought we were on the right track. The back-dating of the salary contract was a step in the wrong direction. Why John would risk losing shareholder trust for a few extra bucks is beyond me; especially when he has such a sweet deal anyway. Yet I am willing to overlook this. If he turns things around it will be worth it.

I have been on many financial message boards over the years. I hate to say this but this board is one of the worst. On other boards, posters talk about real issues concerning the company- products, services, forcasts, sales, shareprice movement. This doesn't happen here. All I see is anger. How does this help build shareholder value? It doesn't. Isn't building wealth the reason we are all here?

I believe we are scaring away away new investors. We are hurting ourselves. Anger has a way of doing that.

I'll get the ball rolling and ask a question, since many of you are more knowledgable that me. JS forcasts $0.03 per fully diluted share by years end. Where does that position the company? Where do you see the company heading? Does that figure include the next round of dilution that is will no doubt occur? Lets talk strategy.

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