I have emailed 2 board members, 1 investor, several government agencies, companies that might be involved with opening of the mine. I have sent some of these links to some of parties involved in this. I have asked my questions, some responded, some did not. I was surprised by one reaction I did receive. I do not post what info I have received. You need to do that for yourself to make your decisions on company.
I do not know why you feel the need to attack me, I do not know you, usually I have to know someone before I piss them off. You may not like me posting the current price of Iron Ore repetitively, but I do not care what you think. There are several reasons I chose to do this. 1. Every dollar that Iron goes up times the amount of estimated millions of tons of iron ore reserves gets this one step closer to becoming reality, and also on the flip side every dollar it goes down the opposite is possible. 2. Iron ore is not flashy like gold, silver, lithium etc. So, the amount of articles and information is minimal at best, so take what you find when it is there. 3. I prefer to post articles that might relate to Schefferville area iron ore or deals and partnerships by related companies, but there are slow news days in Iron so sometimes the news is more of the whole Iron industry. 4. Knowledge and information is power. When to buy and when to sell. I have learned that hard way.
I know and feel your frustration with Kearney and management. I have concerns about the short-term financing needed just to keep the lights on in the near future. The positive to that was it appears Kearney helped in some way with 100k loan, I take that as positive for the short term. The last time this company was up and running it did not end well, so this only has to add to trying to getting it done, if at all. I personally think that is why they are trying for an off taker or partnership. I originally thought the key was Gerald Group, but I think that is not as likely. I do not know if bridges were burned or conflicts of interest or they are just waiting in the wings to swoop in at the right time for their benefit. In comes Scully, they looked like they were our saviors, but as of right now it appears dead. Scully is a royalty and financing company with ties to Cargil, the whole package needed. What went wrong, I do not know if it was us or them, neither has said what went wrong or if the drop in price of ore at the time scared them away. Hence the price of Ore means everything on a daily, weekly, monthly bases. Sorry but for investors you should always want that information on a daily basis especially if it moves up or down. Remember this is a penny stock and at any moment it could move up or go into the dark. Make your decisions on your believes and not that of those who post.
With that being said I think people posting their concerns about CEO and board should be posted. I also think that the current news is of equal concern in a penny stock. It is not my responsibility to contact the CEO with your concerns, all though I think your concerns are warranted. Remember I said I do not play well with others! I prefer to play with my grandchildren, they have not had enough time to get an opinion of me as of yet, so they still like me. So, if you still think I should take my toys and go home, I am happy to do that. Otherwise, I am happy to keep posting. Hope that helps understand.
