Post by
montybissett on Dec 24, 2019 12:23pm
FF and AB
Yes FF DW has a knack for finding deposits. Unfortunately he just gave away maybe his biggest. Had a huge deposit with WT and bailed on that too soon however shl got a win.
Then the biggest giveaway might have happened 3 years ago with Fen. Then to be so stupid to say it was moose pasture and trying to bad mouth when you own a few milion shares and a royalty. When he sold the royalty how many calls do you think he made to Sprott to buy who ended up with royalty. Wild guess is 0. I would imagine that royalty has now doubled again from what Sprott paid. I bought in for the mgt team and the fabulous dirt below the muskeg. He has ran a bloated company with directors and his team double dipping. When we were at .10 not a notion of having costs in line with a 15 million dollar company. Fire saling off assets to keep the mgt in cash flow. Telling shl they would be loading up when they crashed the stock price by telling a bunch of BS about the MRE at Mart. The only thing they loaded up on were options at 80% off form the previous ones. Then to top that off the only reason we are at .40 plus cents is the huge give away of Fen and Babe Ruth. FF again your right about finding deposits. When you mug a company and its shl it comes back to bite you. Called Karma. DW lives in a world I'm unfamiliar with. I'm kind of a fan of the Rob McEwans world. RM oozes integrity and honesty to go along with being really smart. DW reminds me of Murray Pezim without the 2 hot blonds on his arm.
AB we might not get results for a long time but we have the next best thing going on. Our neighbor who got us out of the ditch is drilling with millions of dollars. Going to be having results pouring out over next few months. Our other neghbor looks to be taken out in a 4 billion dollar deal that will create lots of buzz if it goes thru. DW will have then stumbled into a situation like he had at WT. Neighbor needs you. Lot of news going to be happening
Hopefully when we drill we aren't going back in the wandering business. We will drill where we have a high % of chance we have success. Detour was not a good match for us unfortunately as they had a mgt mess going on all the time and huge struggles after they crashed to 3.50. KL however has actual cash. Doesn't mean 100% they will take us out but a much better chance. Now we have WM with lots of cash to drill the hell out of the area. They are raising money like we should have done when we hit 2.00 back in our nickel days. We waited for stock to drop 20% and raised 25% of what we should have. We could have actually had a million plus MRE at Mart and the ability to drill deep which was another mistake which I wrote about at the time. It was like DW figured since we got the funds from Ni discovery we had to spend it drilling there whcih was another mistake as nickel crashing. I have mentioned this story a couple times before. I made my one and only call to DW late spring of 15 trying to talk him into take a ttime out from the nickel. He said he didn't want to change for the flavor of the day. That would be after being a gold company and finding nickel he had actually did that a year earlier. Within last year has announced to the world we were going to be flipping again back to a nickel company. He seems to lack the ability to call a audible. In fairness to him he seems to be catching on that you need to be more open minded. He did call an audible to roll the rigs out to WM border. We would have had a 1.00 stock if results would have been a home run. He got on base with a single. Hitting a ball a foot over his head with a count of 3 and 2 with the bases loaded to get an rbi the hard way.
GLTA and all the best for the Xmas season, even the Littlest of Dycks