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Friday, October 11, 2019 2:55:41 PM
I wouldn’t criticize them either if they were halfway honest and pointed out a few of the risks you just did.
”quote”. SDRC can make a deal that puts the deed in their hands, that will make it easier to market the project and get financing. As it stands, the lease can be dissolved at any point making investment appear risky. To an investor, there is no security for their money. Hypothetically, They put in a million dollars of infrastructure over 5 years and then the owners don't want to renew for another 5 years is a huge loss. The owners are really good people and I doubt they would pull out but an investor doesn't know that. So if SDRC can secure the deed on the Lucky Ben, I have high confidence they will get the investment they need to get it into production. .
And also if they hadn’t shown their true colors ,when the the initial DD they were spouting was made up garbage, innuendo, and hype, and in line with some of the scam tickers I have seen them pumping. Another red flag is setting up a private chat room because their public DD BS was being exposed here.
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