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When the simple R/S of IGEX takes so long I cannot imagine how long will the procedures of the other announced and much more complicated actions if they ever happen.
Because Keevil´s and Currah´s life credo is to make comfortable living on account of other people, and not on their own work they would be fairly rewarded. Just parasites.
In the past there was a mantra on this forum that Keevil is frugal. Yes he was frugal on investments into the company that would push it forward but was very generous to himself and friends like McCullah and family members. Also, consultation fees, office rents and other overkilled expenses went into their eager pockets not supported by any performance and company progress. Dan admits he is not good in mining (and who can say S. Keevil was?) but at least he has been trying to act on behalf of shareholders, and therefore of himself too, whilst McCullahs gang was thinking only how to suck money out of the company.
I don´t remember Web´s calculation, but here is the link on Zilyunz attempt
http://www.siliconinvestor.com/readmsg.aspx?msgid=28327472
Decently written Good bye, no cliches about thanking for what he did for the company in the past and no wishing all the best in the future.
It appears that some more optimistic predictions about anticipated news timeframe failed again?
I only pray it will NOT be CSE where SRSR/NS will uplist...
Funding and investing into SRSR would be piece of cake if buyout Apple or other giants is possible for them...
http://www.bloomberg.com/news/articles/2016-04-01/saudi-arabia-plans-2-trillion-megafund-to-dwarf-all-its-rivals
It would be better to activate the majority shareholders´group for very fast action, as all the intened process has been taking so long and in the meantime there will be nothing left to fight for...
Yes, Dan is very passive which cannot bring any progress.
Rather than sending an angry mail to Keevil which I did (of course no answer) I would still prefer addressing Norman, but that letter should be written really on high level, IMO.
It would be better to activate the majority shareholders´group for very fast action, as all the intened process has been taking so long and in the meantime there will be nothing left to fight for...
Yes, Dan is very passive which cannot bring any progress.
Rather than sending an angry mail to Keevil which I did (of course no answer) I would still prefer addressing Norman, but that letter should be written really on high level, IMO.
I did, but also had to ask for an answer for previous mail.
So you must be exceptionally brilliant investigator, a property with 20%+ Nb2O5 ore, maybe somewhere in the universe...
The action should be well figured out, but also fast as time works against us.
Can you name some properties with 50x richer rocks in Nb? So far as I know there are a few with 2-3% Nb2O5 at pretty low depths underneath the surface.
Did Keevil sell his shares without official disclosure, IMO this is not possible even on pinkies?
Web, do you think it is just a question of spending 35 k $? I mean in terms of whether really all solid data is available that will lead to resource calculation, incl. possible adjusting holes positions in old/new grid?
If so, what could have been Keevil´s intention not to reveal resource in the last P. Chance NI report yet money was in pocket that time?
I remember Dan said prior to releasing the report, not sure whether officially or in private mail, that it would NOT contain resource calculation. No will/power to push Keevil and himself into doing that? IMO, this step would be more important than questionable uplisting to CSE which is IMO quite worthless, OTCQX would be quite enough.
The question is if P. Chance can rework the holes positions just as per that information that is unofficial and IMO far not suffucient, at least some further verification would be necessary, IMO.
Who knows, maybe jfburk could answer whether the group initiating this, has enough shares. But he is right than talking on forums and expect any change is waste of time, action is needed. Seems the only option for us at the moment.
http://www.siliconinvestor.com/readmsg.aspx?msgid=30376487
Prior to shareholders´ meeting that allegedly is in process by a group of people having enough shares to do that, shareholders should be allowed to see all the books and documentation-invoices, agreements, allowede to make copies (don´t know whether this is possible...)... and after then ask questions. That definitely should be in pre-agenda. Otherwise Keevil can answer them vaguelly and incompletely.
You remember endless theoretical discussions about "value" years ago here. Without passionate, knowledgable, hardworking, ... people with clear vision the rocks have more or less no value. Unfortunately for us, Keevil does not belong to this sort of men, he gave up after chinese failure, instead of working even harder to get new financiers, and rather focused on his own profits by intriguing.
Any day, maybe...
Your prediction SRSR you made a few weeks ago that without news PPS would be below 0,005 until year end was too optimistic, it goes down faster.
Just a speculation, but management failures or so far not known background of agreements, fees and payments might have been the reason why the Chinese gave up the opportunity to build a mine with Scott...
It is so hard to find some solid bottom with extremely long awaited and not yet delivered news...
Likely a final number 149701?
The time for leaving has gone, the question is how to get rid of him. I have been praying for a new hardworking, very competent and clever BoD, but they seem to take their time if ever still interested and in the game.
I am rather allergical in "near future" usage in disclosures, especially ours. But yet being more precise, Scott said in Apr 28 Update:
Can you please navigate me to his most recent post, I am trying to search it but in vain.
You woke up then and jumped into the reality. But all is possible in the future.
Hi DolphinTom, nice to see you here again after such a long time. I also have highly appreciated Dan´s fast responding. But changes in plan, delays in actions make not only me in doubts how to get from this messy situation. Dan is almost 12 months in the management and PPS ca 50% down, we have been waiting since Apr for the new Board bringing experience and hopefully money. What is unknown if they come to an agreement with Dan/Scott and what conditions they brought on the table. IMO, some of Scott´s failures like a few month Ben Ward´s functioning in Board when he had done nothing and certainly not for free, can be difficult to explain. What keeps me here is the property and certainly not "World Class Management" as was often mentioned here years ago as big company advantage.
Agree, quite close comparison. Hope dies last, it shifted to modified saying that progress is a question not when but IF...
Hurrah!
Good info. I think the step is up to new and hopefully very competent BoD.
I was also checking their previous announcements and compared with reality, and must agree, this is nothing Dan and Scott can be proud of and the whole mismanagement is certainly a reason of PPS. Yet I believe in Nemegosenda project, even with big failures done in the past and that it will turn to be successul project even at x-th attempt with credit, time and material losses. I only am afraid about whether at all and under which conditions "new BoD members" will join and which credit they may bring. Seems Dan and Scott see in new blood the only chance for the successful future.
Time to balance his activities, successes and failures for Dan soon, so far having been 11 months as the President and CFO of SRSR.
Sure, but it has the "IF". In the past most people wrote that functional mine is not a question IF but only WHEN.
IMO, the company has lost at least another 6 months by trying to follow a plan initially announced by Dan. The vision was changed again then, but some actions taken in between as NI report (the only reason was higher exchange), drilling 2 holes, RPA we know nothing from, .... Who knows if the potential new BoD which is really taking time to step in would follow the initial plan in the same way if they started some time in the last year (which would be much more logical). There is nothing left than to believe IF a new BoD is (ever) appointed has really clear, manageable and straightforward plan with solid milestones on the path to a mine.
Looks like the same trading like a week ago.
Yes, sure, very positive Update on developments dd Apr 27:
Oh my, where is the bottom? We are at Es1 prognosis...