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Bullboard - Stock Discussion Forum Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

"Frontier Lithium Inc is a Canada-based mining exploration company engaged in acquisition, exploration, and development of mining properties. It focuses on elements like lithium, tantalum, rubidium, and cesium by exploring for lithium, cesium and tantalum classified pegmatites. Geographically it operates in one segment, Canada. Its main project is the PAK lithium project."

TSXV:FL - Post Discussion

Frontier Lithium Inc > Time to change management
View:
Post by Ttinto on Oct 22, 2022 11:06am

Time to change management

My family is a long time holder of a significant share position in Frontier through different vehicles. Our patience is all but gone with the long delays and current management's failure to meet critical milestones in a timely fashion. In the meantime, despite one of the best deposits in North America, dilution continues to eat away at us all. It's time for the Board of Directors and particularly, Chairman Rick Walker, to make the right decision here. Please bring in a seasoned mining CEO with the requisite operating experience to take Frontier forward. Also please hire an experienced Investor Relations executive or firm to address that glaring area of deficiency. Our share price should be multiples higher from where it currently is. Chairman Walker, it's now time to show YOUR leadership. And if you are not willing to make these changes, please hire a world class investment banker and sell the company.
Comment by MimieMaumie on Oct 22, 2022 12:23pm
Oh please Ttinto... Spare us the drama !!   For your info, the Walker family has been in the mining business for a very,very, very long period of time...  They don't need to be told nor lectured as to how to proceed... It is important that FL is "cashed up" given the uncertainties and caprices (possible recession) of the marketplace...  Btw, I'm a large/long term ...more  
Comment by Buffalo1956 on Oct 22, 2022 12:24pm
You people act as if you founded the company and found this deposit . You didn't , your just along for the ride of a lifetime and complaining the whole way . Rick and the board and close personal friends and long , long time investment partners own more than 50% of the float . If you are unhappy with the management you should sell your shares and invest in another lithium play . Maybe you can ...more  
Comment by Ttinto on Oct 22, 2022 1:07pm
Buffalo 1956......it is admirable that you support your friends, the Walkers. I'm sure they appreciate your loyalty. I on the other hand along with a number of other dissatisfied investors are agents for change. Let me be clear. I have no issues with the composition or quality of our Board or with Rick Walker, our Chairman. My issue is with certain members of our management team, our day to ...more  
Comment by Ttinto on Oct 22, 2022 1:09pm
Buffalo 1956......it is admirable that you support your friends, the Walkers. I@m sure they appreciate your loyalty. I on the other hand along with a number of other dissatisfied investors are agents for change. Let me be clear. I have no issues with the composition or quality of our Board or with Rick Walker, our Chairman. My issue is with certain members of our management team, our day to day ...more  
Comment by MimieMaumie on Oct 22, 2022 2:04pm
Ttinto:   This isn't about loyalty, this is about money and maximizing our investments...;so let us not get personal... Bon Chance !!
Comment by Margin321 on Oct 22, 2022 6:44pm
1. Mimie mimie mimie.   First of all they own 25% of the shares.  Do you want a management team that has no owwnership and whose interest is not AS CLOSELY ALIGNED WITH OURS? 2.   They are actually doing a pretty spectacular job.
Comment by MimieMaumie on Oct 22, 2022 7:35pm
Margin: I thnk you are confusing me with Buffalo's comments... I totally agree with you... They (Walkers) have skin in the game and thus are allighned with the shareholders...
Comment by Ttinto on Oct 22, 2022 10:00pm
Guys and gals.....let me be even more clear. No one doubts that the Walkers have skin in the game. I agree completely. They've got more than anyone else for sure. In NFL football parlance, so do the owners of the Patriots, the Bills and my fav, the Kansas City Chiefs. This is not about the ownership of the company or in the case of the NFL, the ownership of the team. This is about the ...more  
Comment by DoggerJT on Oct 23, 2022 1:12am
Please clarify, and be specific.  Which missed milestones? If we're whining about something like the PFS being delayed by a quarter, we need to get over it. And please pick a horse. Either A) you want them to take their time and minimize dilution, or B) you want them to rush through the various processes and build 70 or so kilometers of road, which would lead to massive dilution. You ...more  
Comment by MimieMaumie on Oct 23, 2022 10:41am
Well said!!
Comment by Buffalo1956 on Oct 23, 2022 12:15pm
WOW , you really think that Rick doesn't know and bless EVERYTHING that happens at Frontier Lithium . There is absolutely no way he doesn't bless every strategy and every move , including the last controversial financing . He is not your typical Chairman of the Board . He has built 3 very successful companies from literally nothing and knows every exactly why he makes every move . I don ...more  
Comment by Ttinto on Oct 23, 2022 8:57pm
Let me elaborate. Firstly, I have the utmost of respect for Rick Walker who has built a first class business with his explosives mining business. But let's be clear, his explosive business is not our FL business.  Secondly, while I agree that executives within FL are owners having been showered themselves with low cost stock options, the major recipient being Trevor Walker, the real ...more  
Comment by Raff007 on Oct 23, 2022 10:24pm
This is not the place nor the time To clean our dirty Laundry...... If you want To do so use th proper channels......
Comment by CanSwiss on Oct 24, 2022 6:48am
I appreciate Ttinto's concerns. I don't really like possible blurred responsibility lines between the Chairman role and the CEO role - especially in a father-son combo. Are the roles sufficiently defined to properly assess? I don't know. But I think it's wise to continually ask the question and assess performance. For me I think the jury is still out on the Walkers. Which creates a ...more  
Comment by Margin321 on Oct 23, 2022 12:48pm
Ttinto: you write - "The owners are not on the field of play. They're in the private boxes, watching, biting their nails, and .......hoping for a hail Mary magical play" Only problem with that is that Rick Walker is actually one of the owners that we are talking about. I think he has been a pretty good quarterback.  Province has spent a billion getting power almost to ...more  
Comment by Margin321 on Oct 23, 2022 12:51pm
Trevor Walker is an ownwe too, meant to say that.  They are not sitting in any owner's box, they have their sleeves rolled up and they are deep into the nitty gritty.
Comment by Margin321 on Oct 23, 2022 12:36pm
sorry I responded to wrong poster -r ight board, wrong poster. Buffalo will likely see it if he is following the thread.
Comment by qwerty22 on Oct 24, 2022 1:52pm
IDK what your definition of long time holder is but 2 years ago this stock was in the 20-30 cent range. What exactly don't you like?  
Comment by Ttinto on Oct 24, 2022 9:22pm
QWERTY....our stock should be much higher than it is right now given the quality and quantity of our deposit. It's lack lustre performance is a ringing indictment on management, our CEO, and our lack of a top tier investor relations exec or firm to get our message out in a very professional way. Any more questions?
Comment by Feedmeinfo on Oct 24, 2022 11:27pm
Ttinto, Ttinto please tell us which company you served on as a director, obviously you are a very unhappy shareholder ! well that can happens to anyone, does that give you the right to bash a Chairman and it's Board of directors etc... well I have a simple solution to your problem Sell . 
Comment by qwerty22 on Oct 25, 2022 11:51am
"lack lustre performance" Again it's 10X higher than 2 years ago. It's responded strongly (both positively and negatively) to changing sentiment and prices around lithium. Nothing looks lack lustre. If you think the last 3 months SP action some how tell the full story of the business then you are wrong. We are in the middle of a bear market. The YTD SP chart looks no ...more  
Comment by Ttinto on Oct 25, 2022 5:23pm
So 10x from two years ago satisfies you. That's good. It would satisfy me too if I didn't approximate  what it should be given our resource and the potential onslaught of government largesse coming from probably 2 levels of government. Clearly the Ontario government has to be motivated and then there's no oil or carbon of any kind, Margaret's boy in your Ottawa capital, that ...more  
Comment by ITSUP2ME on Oct 25, 2022 9:38pm
So true...like Pistol Pete Pascali and Son over at Pyrogenesis Inc. Great company on the verge of insolvency..glta
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