RE: RE: RE: Manipulation Believe me, it is not in my interest to bash down a good story. I hold shares and all shareholders are essentially partners. Every shareholder here is interested in seeing their investment pay off--however they define it. The chatter here is, I think, the way it is because people see a prize ($$$$$$$$$$$) but they also know that when dealing in a foreign jurisdiction, the prize can sometimes come under threat of nationalism and other types of theft.
The lack of movement from "dreaming the dream" to "sewing up the deal" is what looks so ominous to me. There are many stories of late seeing good assets, owned by Canadian shareholders basically stolen by foreign governments. I don't want to see that happen here. Yet, by causing delays, the government there can basically starve this company (and its holdings) to death. Is the company doing anything to deal with that risk?
And I understand that RW does own shares (millions) that he has purchased with his own cash. None have been sold. That fact is one of the things that (I hope) makes him behave in a self-interested way and I know that his loss would be much bigger than mine. That being said, I would like to see some others show the market some faith in this story and buy shares that, at these prices, amount to call options without an expiry. It is bothersome to me to see that Dale, with an impressive financial resume, apparently only wants to work here and does not seem interested in reaping the rewards of ownership. Given his background, I would think he knows a good story when he sees one.
I would much prefer to see (at least) less up front pay for these guys and more options. That would make for much better optics in my eyes. It would make for even better optics if the company spelled out such thinking.
I have shares in other companies where, during these trying times, the company is putting letters out to their shareholders, communicating fairly boldly. I would really like to see that here as well. I do not think it is asking too much to report to your owners--especially given the sentiment on this board of late.
These guys at the top are smart enough to know that F-ups or miscalculations can be forgiven if there is genuine work being done to make it right. However, it is failing to own up, level and account that can cause real mistrust. I am leaning in the mistrust direction in the absence of tangible, credible statements from the company.
I sincerely hope that I turn out to be all wrong about the company's actions of late. And if I turn out to be wrong, I will happily say so. But right now, to talk that way would be to speak of known unknowns.