Great timing
posted on
Mar 09, 2020 12:53AM
Combining Classic Mineral Exploration with State of the Art Technology
Just watching from the sidelines for a year or so... The last time I spoke up as a 1% shareholder was a while ago, when I predicted a deal would be announced by the end of april or may or whatever when all the officers options were to expire. Obviously it didn't happen, and two days after that date, we learned that the officers took a vote a day before the expiration date of those options to extend them by three more years, without a shareholder vote, and failure to admit not accomplishing goals set forth beforehand... A large company, not a pink sheet, bb., would have never been able to get away with that. Having vented, the release by BG was the best thing we have heard since I've been with this company (8-10 yrs). The first thing I thought was that something was going to happen by the end of summer or by the election at the latest. Why the F did we finally hear something from JB the same exact day! It seems that we should have heard that sometime before, maybe when he sent an earlier message still "supporting" the company. I remember many of us wanted to know insights of potential deals and what was the hold up with all this concrete data with potential suitors. I never heard once.... "well, we got everything in place, but we need the extra land permits, that are being held up by the state of AZ." That would have put myself at ease that JB was doing everything that he could. Now that power was shifted, confirmed/voted by other board members, not just the new ones, we hear that there are lawsuits and a coup. I don't wanna hear it now. I especially don't wanna hear about... I got 10 mil... and another 10 mil.... and yet another 10 mil eventually for drilling and development. I remember the company asking for money in warrents and options, hoping to get 2 mil to drill 10 holes. I think we raised less than half a million, and nothing happened... then the coup. So JB on the day! we get great news and an update that was promised by BG and co. (though a month later than said) we finally hear from our original captain. So what's the end goal here--Let BG finalize something this year, and get bogged down by lawsuits from the ex-ceo, or go through litigation for the next couple years getting JB back in charge, and get a partner then.... very attractive to potential suitors. While the pps is psychologically depressed until resolution. With JB being the largest options holder of the company, what is the end game to drawing this out. With all that money available, buy some shares and become a super-majority owner and start making meaningful votes with us included! NOT ONCE HAVE I SEEN AN "INSIDER BUY" OF COMMON SHARES. just for us plebes. Easy to extend options without a vote. I'm drinking the Kool-Aid and think we are on the cusp, and this wet blanket crap will only slow down this company. And to all that worship JB's work... I do too, but there is a difference between a genius explorer, and those that can bring those fruits to fruition. According to BG... we are dealing with the top 5-10 mining/copper companies in the world.... I'm guessing THEY have many smart geologists too that will aid in any of BG's faults with the science of it all. Monday will say a lot. I think we are as close as ever, no speed bumps please. Go team.