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: Peter

A while back, shareholders united against Peter.  At the time, I was in support of Peter.  Now, years later, I can see he has made several missteps.

He sold a material amount of CIA shares under $2.00

He missed selling SX shares above $2.00, only to later sell some at under $.50

He purchased additional properties, which to date have added no value whatsoever.

He has not promoted some properties, that to me, have some value (I'm thinking, in particular, the ROF and Lamelee properties)

He used poor judgement with respect to a current litigation and misuse of a grant from the government with respect to Magpie and the pilot project.

He would have played some role in allowing the current directors to come on board.

Now, we have another battle, which Peter has chosen to air out in the public domain, which is not helping the current share price, while CIA, SX, Zeu, NOT, and KWP are all moving up.

It would seem he has already taken some action with regards to this takeover action as the stock was halted for two full days....and it appears he lost that battle....and is now taking his case directly to shareholders....which again, is not helpful to the stock price.

Just my opinion.

 

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