Wednesday, April 14, 2021 10:11:51 PM
Again, the humor is quite good. .. but, I met him in-person. I didn’t find him an idiot at all. Has he made idiotic decisions at times.. apparently so .. at least from a shareholders perspective .. no, he came off as quite intelligent and hospitable to us at the shareholders meeting. He at least did a very good job of fakery (if that’s the case .. I took him as sincere) in showing us shareholders that he did care and was interested in the long term success of the company/stock price. He was quick to answer our questions and he tried to set realistic expectations. Remember when Jon was thinking that they could have production of several hundred kilos by year end and he said Q1/Q2 2020? .. I know you’ll say it’s not really known now. But, I think with basically a year lost due to covid and the failure that he going to be over the target. He knew they would probably need more time than Jon hoped. Things happened and as he found out more things than even he anticipated happened.
That’s water under the bridge but I offer it as an example. He also basically told me to sell a good portion of my holdings and not buy back and I didn’t listen when he said that no one should have half their net worth in this stock as we are a small on a big ocean with potentially big waves. At the time as the price was in the low .20s, I probably didn’t have quite half. I know I had half or more above .30 at that time. Anyway, we all wish we were smart enough to sell out in .40s or at least a very large portion.
But, my point was Kim was caring and thinking of others when he said those things.
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