I have know and have been posting for years what Scott also knows. IRS about money at this point, plain and simple. You need money to go forward. That is why that is what Scott has been trying to achieve for 2 plus years now.
You seemingly know better than the CEO here, unlikely.
and it's meaningful that China seems to be choosing to move forward with SRSR and not IAMGOLD ?
Ummm correct me if I am wrong here but China is a country not a company. A company with the acronym SOE State owned enterprise.
They could be 3 guys with the equal standing Scott holds in Canada. This is not the last emperor of China making a decree that SRSR is the country's choice.
Things management have accomplished as a function of following their plan... are things they have achieved on purpose.
They have a plan.
They are executing the plan.
So you are trying to tell me that ....
they're not talking with or doing deals with partners that they've scrapped off the bottom of the barrel... or, the slime from the bottom of the market pool.
So a few years ago Scott made this plan to JV with CVRG... (a scammy pink) knowing well that the deal would fall apart.
Next after that they put out a faulty 43-101. This allows people to buy their stock at an overinflated PPS.
Next we wait until the 43-101 is found to be in error and email it to BC KNOWING we will get a CTO. After all that was why they only report limited info... They need to be a pink so they can sneak up on china.
Now we offer a spin out and never let it happen. This should really piss off the share holders.
AWESOME..
Now we find a few people in china and give them a taste of our rocks KNOWING they cant afford to fund the deal... WOOO HOOO
Now the shareholders are all solidly in the red when the deal falls through.
And now that china has had a taste of our rocks we set a deadline and miss it. This should finally break the backs of the shareholders that are left.
Whatever few "longs" are left wont matter because we transferred everything to our private company and we can sell out 51% of the company and say WOOPS shareholders ... we are screwed now. We only have this lump of cash my company owes me and we are broke...
What a plan
There are good fantasys and bad fantasys. Niether are fact.
Scott has no plan. Scott is desperate for money. He is selling out to the first buyer. If the SOE deal falls apart the next deal will be 85% for $25M
"People like using extra words to try to make what they are talking about sound important." George Carlin