Re: Lack of Time and Effort and Results
in response to
by
posted on
Aug 23, 2020 03:59PM
Combining Classic Mineral Exploration with State of the Art Technology
Well- not much luck here. I was hoping- but not expecting BG to fill in the results blanks on the previous form. But- not surprisingly- nothing doing.
BG has a bad habit of holding out for the big/gigantic/hole in one/grandiose deal. We see where that got us with "Prospects 1 and 2". It is likely- not learning from past mistakes- that he is doing it again- with a a similar outcome. It's way past time to seek a more realistic, smaller partner- to get things started. Now this involves 2 things. One- to accept the concept- and Two- to seek out such a partner. It won't just magically appear. That's where the time and effort part comes in. Instead of sitting back- feet up on a desk- certainly not an LBSR desk- and waiting for the big corporation to come calling- he's got to get out "on the hustings", get his hands dirty and have many meetings/give talks/get the word out. Is any of this being done? Unlikely. But this also assumes that step one- accepting the concept- has happened in the first place. Also unlikely.
Again- as shareholders- we are owed a serious update (aside from being owed a deal)- that clearly and truthfully outlines what measures are being taken to secure a deal. We don't need to hear nonsense about any more great acquisitions- we already have enough that we aren't doing anything with. They won't do us any good except for causing more paper work as we divest everything in bankruptcy- at this rate.
We need one thing- and one thing only- a funding deal/joint venture that will enable us to begin drilling and exploit our Carlin Style Gold Asset. That and what's being done to achieve it is the only thing we need to hear about. Otherwise- we can assume we are dead in the water- which is sad- since we have an abundance of riches and are treading in currents that are moving swiftly for everyone else.