Post by
Rainman01 on Mar 14, 2024 9:00am
KRR Paul Huet and shareholders
First off I may have said some remarks that were in the heat of the moment and once it is sent out on the net there is no retraction. Paul you have done a great job at building up KRR in a lot of different ways as you told us on Crux 5 months ago you and Oliver explained 2.4 to 3 million Oz of gold and a billion dollars in nickel. Shareholders are upset with the leaked merger and the lowered guidance and higher aisc which is about 53 million per year. If we could get some clarification on March 22 on those matters Shareholders would understandably be grateful. As for any investors you better have deep pockets with 2166 gold Oz and 18,346 per ton nickel you better bring lots of cash as you said Paul we can get this thing to 5 million Oz no problem this thing is a beast. I speak on behalf of all Shareholders including yourself we all want what is best for KRR and maximum return on our investment . Let's unleash the beast and let this baby roar.
Good luck everyone.
Comment by
Highwired7 on Mar 14, 2024 10:46am
What makes you think it will be any different than any other CC? They will not voluntarily comment on anything pertinent regarding the deal sighting NDA, and no questions regarding the deal will be fielded. But I guarantee PH will say "look" about a dozen times, bla, bla, bla.
Comment by
Highwired7 on Mar 14, 2024 10:28am
I for one will not be apologetic to that snake or any others on the board!
Comment by
Rainman01 on Mar 14, 2024 11:06am
I am not entirely happy with everything that has transpired also. We need to move forward with certain expectations must be met or there consequences for all parties involved.
Comment by
Odinson on Mar 14, 2024 11:31am
I mostly agree with you but I have lost trust in those incharge, they are SUPPOSED to be looking out for the best intersts of the sharholders but in this case, they tried a slimey move that fortunately was brought to light. A snake may be called a Reptile but it is still a .... SNAKE!!! That is a description that fits Huet and some board members!!!!
Comment by
Skylar1 on Mar 14, 2024 12:28pm
I agree Odinson ,i don't trust management now so my cost now is close to $4.90 when it hit's over five i'm out and going to a larger gold company . The gold story is just starting and i hold some good companies in the sector.
Comment by
Odinson on Mar 14, 2024 12:55pm
I am lucky I guess, my costs are around $3.55. I got into the old RN fairly cheaply but I too am going to bail IF we ever see $5.00 again.
Comment by
Odinson on Mar 14, 2024 1:01pm
Gold is taking a bit of a hit today but still we are WAY down from where we should be and THAT lies at the feet of the management! Yes, stock pricing is a function of investor confidence but these same investors lose that confidence when the lose confidence in management ........ And THAT is where we currently find ourselves!!!
Comment by
Rainman01 on Mar 14, 2024 2:42pm
I didn't apologize number 1 and number 2 agree with your concerns and statements. I got in early so I don't have higher costs but I won't watch KRR management give our resources and company away. We need to see how management responds or if they respond and take necessary action then. I am 100 % on shareholders side.
Comment by
Highwired7 on Mar 14, 2024 2:59pm
I'm leaning on exiting on or before the 23rd if we get a run up, if we don't then the next opportunity will be Q1 ER in May. Nickel is on the rise again and if gold stays above 2100, Q1 should still look pretty good, aside from the usual accounting tricks ie; impairments, write-offs, currency adjustments or company transfers to negate showing any profit, repeating another ER miss.