a Mr. Fran Scola, who resigned (I believe in 2009). This post from this board way back perhaps hints as to why a new face in the role of CEO became desirable. Note the post had 1600 reads because at one recent point a lot of people were excited about the potential of this company (especially the RioZarza gold play in Ecuador, next door to a Kinroos takeover with over an 10 million ozs compliant gold resource ... many here may remember the promise as played on by management and supported by available geo-physics).
We are all painfully aware of what current managament has accomplished since our new CEO took the reins ... decimation of Shareholder value for over 2 years running!
Is there still "strange things happening" with Ecometals ... certainly not good things we have been made privy to. The last mention I can find on the company website to any exploration programs refers to the year 2010!
The post from 2009 ...
I think that there is strange things hapening with Ecometals and i need your help.
Fran Scola is the Ceo of Ecometals and is not to be trusted.He just sold Braemore for
peanuts.For your information Fran Scola sits on board of directors of Braemore and is
a very large shareholder of Braemore..He made Ecometals get rid of Braemore for peanuts
and is probably the buyer via his friends.For your information all the board directors of Ecometals
are his buddies.So what ever Fran Scola says they follow his command.Very Mafia style..
Also Franscola sold Afrodita gold concesion in Peru for 500 ,000 U.S..a few months later dorato resources
bought this concesion for over 12 million dollars..very strange....this was about 16 months ago..
Also there were 21 drill results on Condor ..So far only 6 drill results of the 21 have been released ..
there are 15 drill results still not anounced..they dont want to anounce the 15 drill results
because Fran Scola is planning to sell Condor as well for peanuts..Ecometals had over 16 million
dollars in cash a year ago..now very little cash left..They could have waited selling Braemore and maybe
sell braemore in 2 years from now for 40 million dollars in cash ..we could do wonders with 40 million dollars
in cash.. but Fran Scola sold it for 900,000 dollars for his own reasons..how can we stop
these crooks..we need to hold a AGM urgently and kick them all out before there is nothing left to steal..
Thet always have the right excuse for everything..they also sold stock pile of manganeese
for peanuts..i am full of anger on how they wasted 16 million dollars in cash..Dan Major receives over
45,000 dollars a month in retainer..and many others are getting crazy retainers..they want to bankrupt this company.[???].They need to be stopped..there are to many things hapening ..The Ceo Fran Scola is a very
bad person..Please help to have them removed..
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?s=EC&t=LIST&m=26915107&l=0&pd=0&r=0#Aik2dPRdZtOtQx0j.99