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Saturday, March 02, 2024 2:35:01 PM
O.K., I think most of us that are bullish this Company wouldn't disagree with that point. My question to Dan would be how are You trying to turn that dynamic around? Are we just going to wait and let the share price crater or is there anything at all that You or Keith can do to turn the share price higher? Can there be a tourniquet applied to stop the bleeding share price? This is what long-suffering shareholders, like me, want to know.
I believe we're to a point in the proceedings where that's a valid question to be asked. Up until now the Company has depended on share dilution to raise working capital and move the Company forward. Share dilution becomes an even larger problem with the share price down at these depressed levels, as more dilution is required to raise the cash required to move forward. That's NOT good.
We know gold valuations are high, we know the stock market is daily breaking new records, but the mining sector just continues to get cheaper. That's the sad truth, but will the mining sector move higher in a down market too? I don't see that happening.
So, where's the bottom? I want to hear our management address what CAN or IS being done to put a share price bottom in. Excuses and laughing the issues off, like Dan so often does is IMO getting old. Insider buying hasn't helped either. Maybe Dan will say there's nothing they can do. If that's the case, then by all means just SAY IT. Dan spewing the same shit on every interview he does IMO is getting old. Tell us something we don't already know, like how you're going to fix the Cat Lake issues?
P.S.: I didn't talk to Paul last week because he didn't come back to me. My guess is he's trying to put out a lot of fires now with the shareholders that bought this last offering and now are down on that deal. Maybe next week, I'll get an audience with him?
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