Poor Bob, taking all Don's heat.
If that's your prediction, why are you here? Didn't you sell a few months ago when you first starting bashing them? I thought you would be back this fall. Couldn't resist chiming in after the drop today, huh?
Your DD obviously comes straight off of this board. If you paid attention, maybe you'd realize that you're not the only one happy about the current situation. You'd also realize the difference between who Bob is and who Don is.
Management was simply not experienced or knowledgeable enough to run this company. Their strategy was basically to start blasting and hope for the best and they put all of their eggs into one basket. When they realized they were not able to create positive cash flow via their original strategy, it required them to change strategies and focus there attention on the mill.
Unfortunately, planning a processing site is a little more involved and takes longer than works for your timeline. Feel free to come here this fall and b*tch about the mill not being done... It won't surprise any of us as that's not the company's timeline right now.
Between now and then, what do you want them to do? Sit around and twiddle their thumbs? They're in the process of reevaluating all of their properties and determining what the most effective and cost efficient way to proceed mining will be. They're trying to go about it in a more scientific manner, attacking the lowest hanging fruit first to help us in the short-term by getting to bigger revenues quicker.
If you paid attention, you might realize that there are some new people managing the operations and planning of the company now. It's completely possible that the BOD that you are having a hard time keeping straight may be seeing changes.
As far as lithium goes, what exactly do you want them to say about it? That they are obligated to perform $1M in exploration work by the end of the year, unless they are able to renegotiate the terms of their agreements? Lithium is at best 5 years down the road and getting there is conditional upon making the antimony projects work.
Bottom line is you and many of us here made an investment in an idea that simply did not work out. Of course we are going to lose value, but they have instilled enough confidence in me that their new plan is much more well thought out and will succeed with their new leadership.
AI
