Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Investor Call
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Jan 19, 2021 12:30PM

Jan 19, 2021 02:22PM
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Jan 19, 2021 03:55PM
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Jan 19, 2021 09:37PM

My question is how and who are they selling CIA shares?  Do you remember Peter sold the first 3M or so shares to a couple of people from Austrailia - and it seemed they were connected to O'Keefe- for around a dollar...well below market value.   I don;t like those kind of transactions at all because it reeks of shadiness.   They better be selling these shares on the open market but i don't see any reporting.   When Champion is going to be such a cash cow, i have no idea why they insist on dumping these shares.   I would like to know dates, and prices, and to whom.  Hopefully I'm just paranoid, but I never trusted Peter's decision making and strategy.   Reminds me of Munk who ran Barrick and said that if he just put his feet on the desk and didn't do a think for 20 years, the share price would have performed better than all their M&As's, etc.  

Again, imagine if we just sat on the 10M shares and sold off other properites and protected our golden goose where we would be today - 50-60M on the books.  It was a no brainer and a horrible strategy to sell these shares. I don't know how others are not livid who saw Peter piss these shares away and destory so much potential of this company.  he just cared about being paid and only had a one track mind on how to run Fancamp and only cared about survival - not growth and taking this comapny to the next level.  People are too sympathetic to him in my view but I've seen cleary through him for a long time now. 

I wasn't able to listen to the call today, but i hope they will make it available.   I've taken some off the table recently as well because i have no idea where they will be when they finish selling all their shares...but i hope the new team succeeds.  

Lastly, my dream was O'keefe would take the helm - wouldn't that have been something!  That's a frickin real CEO and leader.

Best,

Eudai

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