Post by
javaman12 on Feb 27, 2023 8:25pm
Feedback!
Ken is very quick with his replies!
Not many company CEO's are as responsible, as Ken Lapierre, to their shareholders! Many CEO's would simply, not reply at all.
He told me categorically that on no account would anyone finance a buy-back plan for an explorer. If the company was mining and producing cash flow, then it might be a consideration. But it won't be happening now!
The company is legally bound to release its drilling results, even if they "come back zero."
He said that assay results take time and he does not do visual assessments of the drill core.
Drilling at Bur and Penex will both be done! But climate conditions do effect the drilling time frame.
Everyone knows that it has been a cold Winter in Manitoba lately!
I mentioned that the share price is under pressure. He concurred with that sentiment but replied that someone is "buying big clumps of it".
He feels that Rockcliff is a buying opportunity, not a selling opportunity.
He has no plans to reward those who would prefer to sell now. His long term goal is to reward investors, not penny flippers!
New shareholders or current ones, already holding Rockcliff shares, are actively buying at these 'crazy' cheap prices. That's what's most important!
"...It is not desperate times in my opinion. We have money in the till. We have a major shareholder that supports us. We have a belief that we are moving in the right direction. I’m not sure when our “tipping point” will be but I believe we will have our day..."
We must keep our heads for now.
Times will get better!
Buying now was a good decision.
All the best! Java