RE:RE:Arras Minerals Interview with Tim BarryMy main takeaway from the interview was that Arras will remain a private entity until Tim Barry and company decide they want to take it public.
OK, so..............why issue us shares we may have to mothball indefinitely? If SVBL is unwilling or unable to foster the development of a trading market for the shares, what was the entire point of performing the spinout in the first place?
Sorry, I just don't trust the management team at the helm. I hope management can pull a rabbit out of their hat so that I can eventally exit my holdings with a slight gain.
Mr. Barry indicated it made no sense to have a project in Mexico and another one in Kaz-stan. Considering he already more or less gutted the Sierra Mojada project by selling off most of it to South 32, you'd think he'd at least want one viable project in SVBL's stable, no? Like I said, I just don't trust managment and lack of good management is one reason why SVBL has been a perpetual underachiever in my portfolio.