PROCON's immense credibility and superior track recordis on the record. As a major FT shareholder (20%) PROCON committed further funds for the Revenue mine aquisition in return for 40 cent/share FT paper in 2014. Is it possible these factors lulled FT shareholders into an exaggerated sense of confidence in the mine purchase itself. Further blunted the necessary questions which were not asked or examined? The Revenue mine purchase became a massive boondoggle within months of closing.
How did an expert like PROCON fail so miserably in its own capital resources deployment and due diligence?
Three questions: 1) did they ever tour the mine prior to purchase?
2) if so, did they perform any of the mine upgrades during FT's brief ownership? If not, then why not?
3) Would it be appropriate for PROCON to be involved in the NICO mine build out?