Hey OBG.........I am cynical enough to agree with you. I have seen nothing that enthrals me to management. You said......
"Noront has great stuff in the ground. It is the stuff we have above ground that worries me. I don't like them and I don't trust them. Certainly not going to do an Oliver Twist...approach them, cap in hand....'Please sir, I want more'. We would likely get as much consideration from them as Oliver Twist got from the workhouse boss. Go with your gut on this one- Tums anyone?"
I don't trust them either!....never have......and a whole lot of folks at ARU will NEVER trust them.
I don't believe that a new CEO is coming.....or if he/she is, they will be in the pocket of those that control this show. There is NO other conclusion after this long, Co-CEO might work quite well for them. I could find and hire a qualified and ethical CEO in 6 weeks. Look deeper....much deeper.
I thought for for a while that these boys were going to do the quick flip and pocket some easy cash.....but now I think it's more likely that they are playing a longer and wider game. They are turning their ARU winnings into a MEGA-jackpot......control of the ROF.....Canada's newest mining camp. Their very own layered mafic intrusion in a politically stable region....WOW.....how could they resist?
Think of how big this intrusion is,and how little it is explored, and what has been found so far. How many different minerals could, or will, make a mine just by themselves.......chromite....yes, NiCu......yes and especially when more is found, PGE's.......yes along with the chromite.......vanadium/titanium....... gold.......maybe, ....other base metals.......quite likely. This is the biggest 'BLUE SKY' area in play....bar none!
Now......our BOD have not been open with retail for a reason. They are playing a huge chess game with lots of pieces on the ROF board. We only complicate the game.
Some claim our SP is 'held down', others say nope, it's the 'times'. I vote it's manipulated for two reasons......1/ the SP has continually dropped on very good NR's, it has been worked down 100 or 500 shares at a time.. AND... large amounts of shares dumped when it starts to rise......be honest...we've all seen this, over and over......2/ holding the SP down dampens retail and institutional interest, and helps keep the whole area quieter, allowing them to play a waiting game(consolidating & letting JV's lapse) while they drill, drill, drill.
IF, sometime down the line, they succeed(even part way) and the SP rises substantially, then I'll tip my hat to them and admit they knew what they were doing all along.
Either way.....short game or long game.....they are not here for my benefit, they are here for themselves and what is at the end of the rainbow called the ROF.
.........cheers...........and 'have a nice day'..........sambone