Win us with honest trifles

Catching up with Regulus Resources (REG.v)

The last time the experts on LatAm political risk at Regulus Resources (REG.v) informed their shareholders on (the total lack of) progress at AntaKori, they told us this:

The Company will issue an update after it has had a chance to re-assess the situation following the first round of Peruvian Presidential and Congressional elections on April 11th.

  • That message came on March 29th.
  • The election was April 11th.
  • It’s now May 7th

How long does REG need to “re-assess the situation”? Potentially due to the poor level of Spanish used by Kevin Heather (two decades and you can’t conjugate verbs!) they need translations of everything that’s happened into English before being able to comment. But more seriously, once again REG says something and fails to deliver. Why are you people so constantly disrespectful to your shareholders?

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