Post by
montybissett on Sep 30, 2017 5:17pm
Being patient
is easy when the game plan is clear and makes sense. As I have mentioned more than once these guys have a great track record at finding great dirt. When they hit the nickle they thought they had another quick deal like WTM. They even managed to concentrate on one area for a significant amount of time. This recent talk of fractioning the property was floated and then after last broadcast seems to have went the way of the dodo bird. On to the next plan. Maybe we might and maybe we won't put out a R.E. We used to have a 1/2 dozen analysts talking about the company after drill results. Not so much anymore. They are as badly burnt as the shl. I don't think these guys and gals are bad people. I actually think they work hard and try their best to be good stewards of the shl. I think they have been unlucky and made bad decisions. When you have a lot of decisions to make that is a consequence.
The problem arises when you can't own them. We have raised money at the wrong time. We have had so many game plans we look like the 0-16 Detroit Lions during the 2008 season. We need a fresh set of eyes and minds on this company. Maybe partners for both discoveries with deep pockets who have real money not diluted money and a vision of how this should unfold. Dirt is of course a major part of the story but not the only part.
GLTA
Mr C