RE:Sadly we get what we deserve. Long rant: TLDR: you misunderstood overcoming headwinds for tailwinds
You misunderstood all the news of prior years. None of the news of prior years has been "boots on the ground" news. They were not tailwinds, tailwinds follow a directional movement of everything moving forward in a similar direction. There has been hurdle after hurdle and obstacle after obstacle. A better analogy would be "overcoming headwinds". Overcoming a headwind, doesnt get you out of the storm or in the clear.
You have probably seen the charts that explain where we are in a mines development life cycle but they dont illustrate a picture that many Canadian mines are or remain "stuck" in this position post 2000. Until such a time as a large chunk of money changes hands or an immediate policy change, there really isnt anything but forward looking news.
When your boss says "you will get a raise" you cant go based on that wording. You need it in a binding statement, with a date for when it starts. This is the same concept.
Look at every critical minerals mine, big or small, and even just the likes of traditional mining. Without guarenteed, legally binding amount of funds being given, and in the amounts needed to actually develop a mine, they remain in the "stuck" position.
So no matter the information that comes out, unless it has that in it, you really wont see price appreciation. The exception to this is human emotion, a memorandum of understanding could catapult the stock value even though its just a "you will get a raise" in most situations.
When things move, they move fast, otherwise its small tweaks and shuffling to give the appearance of movement or preparing for that large movement.
In saying all of that, if you apply for a job at a private company, generally speaking, they will have a candidate list to choose from within a month and make a decision. The government (where the next hurdle is coming from currently) takes 6 weeks to begin even filtering those resumes. If you dont think that permeates through all of government, than i got some bad news for you
For everyone, you invested in 1 of the most difficult countries in the world to create a mine. Timeline horizons are closer to 30 years instead of 10 post 2000. Dont bet your life savings on something that does take almost a lifetime to develop (and thats if it gets developed)
ProfessorMetal wrote: The complacenacy in which people have watched this come down to this level, really tells you you get what you deserve.
Rather than a constant newsfeed about critical metals info - you people need to look in the mirror.
This stock is closing in on .03.
Literally every post should be about how we can replace this managemnet as soon as possible.
We will need a white knight to save this. How anyone anyperson could have voted to support this management team is to say the least surprising.
Without going into all the issues - just look at the share price performance during the last few years.
Despite all the tailwinds that should have lifting this higher.
You get what you deserve. And you must really ask yourself, if they miss deadlines for just putting in paperwork and also cannot even seem to figure out where to process the material - how in the world could you trust this team to build a large project like this is the question I am asking and you should ask yourself.
When the vote comes around again. I will be voting against this management team, just in pure principle. As my small investment and value here has been destroyed. But yet the deposit and support from the locals and the Federal Govt seems solid.