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Message: Re: HL USA - Material or not?
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Apr 11, 2019 09:14AM
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Apr 11, 2019 03:42PM
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Apr 11, 2019 03:46PM

"If the company says we're at 220 MACE, but not all are adjudicated, then this is a false statement.  They could say they've reached 220 Events, however not all have been adjudicated and thus some may not end up being actual MACE."

I think you are really splitting hairs Growacet. Using the term MACE doesn't necessarily imply that the suspected MACE is an adjudicated MACE. In my opinion, the terms "MACE" or "events" can be used interchangably. IR has previously indicated that adjudication is an ongoing process and they haven't disclosed the breakdown between unconfirmed/suspected MACE and confirmed/adjudicated MACE. I think in your convo w/ Paul Moon that you previously shared here he relayed something similar and even indicated that most of the announced MACE/event tally is already adjudicated and that it is pretty rare to have a suspected MACE/event not be confirmed/adjudicated. 

BTW, reading John Vandermosten's reply to you on Twitter about likelihood of hitting 250 this month put a smile on my face: "Management has guided to this, and I'm pretty sure they wouldn't say unless they were sure with a margin for error.  They can see how consistent the rate is over time and extrapolate, so I'm confident we will see an announcement any day now."

BearDownAZ

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Apr 11, 2019 06:44PM
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