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Message: Re: Tracy

Apr 15, 2021 09:13PM
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Apr 23, 2021 10:36AM
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Apr 24, 2021 10:50AM
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Apr 24, 2021 11:50AM
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Apr 24, 2021 04:45PM

It's bad enough to have suspicions regarding BG's lack of effort to secure a deal for funding. It's concerning when you have a sense that there is not much going on. But, one has the tendancy- maybe against one's better judgement, to harbor the faint hope that there is activity going on that we are just not aware of. Certainly, much important activity can transpire before it rises to level of "material" and needs to be reported. And we, as regular shareholders, might be completely unaware. 

So it is a bit startling- and discouraging- when our worst fears are confirmed- and we are told that "no one new has been visiting" - and prior negotiations  alledgedly can't proceed because of "travel restrictions". So, essentially, nothing is happening and we are dead in the water- while we sit on potentially billions of dollars worth of mineral- that becomes more valuable by the day- but at the same time- potentially increasingly out of reach. 

There should be an "all hands on deck"- "full court press"- or whatever term you want to use to characterize that there needs to be an all out timely and urgent effort to get a deal done "while the fire is hot". All these catch phrases capture the same idea. The time is now and letting it slip by may make it less likely a deal is achieved in the future.

So- just what is the problem? Just what is Brett Gross's thinking? Or- is he even thinking about Liberty Star at all? Maybe out playing golf- or busy with his day job in Colorado. Or- is his mind set one of just sitting back and seeing what happens? Or- despite his touted businessman credentials- is he unable to formulate a plan of action? Or- is his personality such that- maybe unsure of himself with a fear of failure or just unable to assert himself? Or- too inhibited and shy to get out and meet the people he has to  engage with? Could there be a lack of confidence? Or- is there some self serving plan that involves not making a good deal for shareholders as soon as possible?

It just seems inexplicable. And, because of a demonstrated lack of communication and transparancy, we are left in the dark about our investment. I know it has been suggested before- to no avail- but I would again call for an open forum with shareholders- with a format that would allow back and forth questions and answers. Even if there is some negotiating information that legitimately can't be revealed- and I hope there is- we could learn the approach and strategy, express our concerns and gauge the response. And- especially with a video format- have the opportunity to take the measure of the man. Very different from what can be gleaned from Tracy's limited responses, despite her best of intentions. (She also is given limited information.)

And so not only could we learn where we stand- but BG would hear our concerns- not that I would be confident he would even care. RS- if you agree this might be a good idea- since you seem to be having ongoing communication with Tracy- perhaps you could pass this idea along through her and see where it goes.

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Apr 25, 2021 06:10PM

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