TSX SHOULD NOT PASS THIS BAD MOVEOur stock was rolled = potentially allows another entity in on the cheap ( Before + After Roll )
Company bumps along = SH remains stagnant = allows another to collect.
Eventually....it could displace the retail % control for voting.
If the TSX clears this for Portofino...
Then...whose side is TSX taking ?
We shareholders invested in, Lithium SALARS...
Another lithium peer - drills right aside of us...( Galen )
900+/ppm in the brine.
To put it in perspective ?
Some lithium juniors only have 900/ppm in an entire 1/tonne of ore
HOMBRE SALAR is showing 900/ppm in just - one - liter.
There are 1,000/l in one tonne of water/brine.
Therefore = 900/ppm x 1,000/liters
= 900,000/ppm per tonne of brine water.
DOES IT MAKE SENSE...
TO SELL THE TWO HOMBRE LOCATIONS TO A COMPETITOR PEER...
Who just proved the WEST SIDE OF, HOMBRE HOSTS SPECTACULAR LITHIUM ?
WHO WOULD BECMOST LIKELY TO DEAL WITH, GALEN ?
MY GUESS = FMC/LIVENT.
SO....we wait years to see results...
It comes in the form of, another PEER drills were of us.
And our darling Portofino....decides to SELL..for less than,
what they put into the exploring + costs of SALARS.
Portofino has never kept any value for shareholders.
Seems they have a habit of giving lands away, walking away, after they
pit monies into them...to think....not even a royalty % right on lithium mined.
Sure as hell hope TSX refuses Portofino's request.
Such an easy review to see it's not in best interest of shareholders.
Wanting to SELL 2 HOT SALAR CLAIMS AFTER A PEER HITS 900/PPM ?
FOR LESS THAN WHAT THEY PUT INTO THEM ?
This is not building wealth for shareholders.
Not at all.
TAFFEL...
TIME TO STEP DOWN.
WE...NEED ANOTHER PREZ.
THAT KNOWS HOW TO CREATE VALUE FOR SHAREHOLDERS.
THIS IS....UFB.