G's board seat
Thank you JA_P for the enlightenment of G's past acquisitions. I don't know what insider involvement, if any, they had with these companies before buying. In the case at hand, it is not a question of fretting about G's motives. the obvious is the lack of transparency on the part of E. We were never told, even after asking, what were the arrangement and or compensation for G's services in their evaluation and preparation of the goods to be put for sale at E/Claire. They are a major involved in preparing goods that they want , if the potential is there, for sale possibly to their competition !!! It appears that the present owner put the fox in the hen house to evaluate and guide the auction.
If Dr. Don approved all the cores that went to the lab for evaluation and especially the ones that were rejected, then I have no problems. If it was done by outside G who becomes an insider with special interest by the agreement, then ???. Let's hope the 43-101 by its quality and quantity will appease all these doubts. I believe that G is a good corporate citizen but profit is the name of this game and gifts are rare. Look at all the juniors that never made it even with JV's. It is natural that they want as much as possible from the area to supply their future mill and I applaud their efforts. However, some transparency has to remain. I agree with Silverton that we are under a very big thumb.
We seem to be in a Bi-Polar market at present and lithium might help a lot of people, but some coulld also use a bit of "Aricept" to clear the fog from their lenses.
A good day to all.... micke