PetroSun Inc (PSUD)

[pathman7]

Yes we heard you sound off before. We all share your concern regarding that trade but stock purchases at sub market rates aren't the only thing to think about here. Let me start off by saying I don't pretend to know but here are some thoughts. The company had an extensive plan to mine and or sell its Lithium mining concessions in Mexico that has been blocked by the Mexican administration nationalizing lithium as a resource. The exiting high level staff had experience in buying and selling mining companies and company assets. Now that selling lithium assets is off the table (locked up in legal proceedings for foreseeable future unless they sell them back to Mexican government lithium company LitioMx) the company appears to be resetting their scope to their US assets (primarily Helium and Natural Gas). As a result, some personnel may no longer be suited to their roles. The helium market is very strong and looks set to stay that way so it's not all doom and gloom here. La Blanc has been at this a long time letting him retake the helm isn't a bad idea. The last announcement called out his focus will be on driving up the stock value for investors. We will see how things unfold regardless of our opinions. So you could see the staffing changes as pretty straight forward. After the company outlook shifted back from Lithium to Helium they were no longer needed. They likewise failed to maintain the price of the stock given the landscape changes proving they were not either interested or capable of adapting.