It's so quiet outside of trading hours. So I guess the verdict is in.....April 1st is tomorrow, which means CRE and BNT should have something figured out in terms of payment. There was a lot of buying and selling Friday, makes you wonder what is going on. Volume increase could be a good thing, but for our sake hopefully the Monday morning news release will be good. Even if Blue Note and Cre extend for a 100th time, it's not overly bad, it's basically a win win for Cre.
I think the market will like the fact that we are about to receive 2 million.....then again it gives people the opportunity to sell off their CRE shares and lose money on this investment. I don't know why you'd sell now with the supposvie "off-take" agreement right around the corner. We also heard that the Tant recalc was to come out way back in March or April of last year, and it came out in July. So who the heck knows what CRE's timeline is!
I will say one thing. I think the management reads the boards and uses what we say. Last year they seemed to be in a lot less of a hurry to get things done. Now it seems like they are working hard and racing to catch up to CLQ's progress and try and pass Nemaska and LI's process (Although Lithium One just sold!).
You on the board are concerned about the LI buyout. Remember that they got bought in the dollar range......so if you're worried about us getting bought out at a low .14 - .25 range, think again. It aint' going to happen guys. We have a better resource then LI in Canada, and we have Tantalum to their Potash. We wouldn't be sold for anything less then .75 if a buyout were somehow to occur. As per the conversation I had with Jean Francois, JSL wants to see this become a mine. It's "now personal" to him.
Wondering what Monday brings,
Shelbs