On the brighter side
in response to
by
posted on
Sep 25, 2016 03:13AM
Combining Classic Mineral Exploration with State of the Art Technology
From an outside point of view, according to the 10-Q, 120+ was raised with pp. And that was two months ago, so some would assume more is there. None of that money should be used to "keep the lights on", because that was not how it was presented to us plebes. The 150 million more shares on the market should have paid the electric bill, from Tangiers and us, etc... Notice Tracy saying they are moving physical assets (equipment, vehicles) to the area, in preperation, as a good sign. We shouldn't be squabbling over 3000 here or there to get this done. I think its already done, and we just have to wait to see how many holes will be drilled. Why move equipment early, unless you know what's going to happen. And why say "more on that later", unless those SEC binding words were comfirmed by management. I believe something is going to be discussed within the next 30-60 days. I don't buy the hype by the resident "guru" of being and investor in this sector and just having to be patient, "and if you're in a hurry, then this isn't the right place to be". The science is excellent, the execution and communication has been very poor. I've been patient for over 6-7 years. At the end of the day, I'm an investor in the real world and that's a long time to see progress. I'm invested in a geological company, and have put 10's of thousands into this story; I do not wish to see my investment viewed in the same geological terms. And again... if we are so close to getting ((1))!!!! hole drilled by 20-50 thousand or so, one would think that the insiders could pony up that number up to benefit everyone.... Oh wait..... again.... months ago, all of the insiders and board members had their warrants extended for 3!!! years without a shareholder vote. Why put up any money if between 5-8 of them, 90-110 million warrants/shares have been extended. We pay for the lights and the drilling. Why no insider purchase? Food for thought. Go team.