TSXV:HRE.H - Post by User
Post by
REEnewbieon Jul 19, 2011 10:44am
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Post# 18846585
Letter to Stans
Letter to StansOK, can't take it anymore.
here's my letter to Stans:
Hi David,
I'm a concerned investor. Please provide clarifications on the following questions:
1) Stans , in Nov/2010 announced a study and JORC on Kalesay, expected to complete March/2011. What happened to the JORC, and when will this be available.
2) Stans, from previous press releases , and my inquiries; has said that planned small Plant producing of HREE's will be in 2012. The recent AGM says 2014. Please advise and clarify, when is the planned production, and if 2014....why the change?? This will have severe impact on Stans' investors' expectations.
3) Stans shares , have tremendous short interest. Who is shorting? and why?
Very much on investors' minds, is the lack of PR and exposure on Stans management's part. Compared to GWG, for example; GWG fully inform the public on what's going on in the company, do a lot of PR, no big news, just day to day affair, and as a result, the share price has been doing very well.
Stans , on the other hand, is not doing enough to inform the investor community, on its activities, to generate interest. I'm NOT saying to HYPE the company or stock; but just to put its story out there for the public to see that Stans will be one of the 1st producers of Hree's outside of China; and update on its activities, plans, expectations. It will do wonders for the company and the share price. I'm sure you're aware of the recent article on the Globe and Mail about GWG:
https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/for-rare-earths-an-abundance-of-interest/article2099191/
Notice in the article GWG mine director is working 24/8.....what is Stans' Mine director doing? these are the little things that will excite potential investors, and the REE market..........
One thing is a fact, if Stans is not enthusiastic about its company, no one else will.
Much appreciated if you can provide some answers to my questions, and hopefully, your department can do much much more PR's and interviews; especially if you see any negative or misleading information touted by these other REE companies or analysts, that you MUST take concern and publicly correct the negative information. For example, some analysts say it will take more than $500 million to put the Kutessay mine into production versus Stans estimate of $100 million......but Stans must come out and dispute the analyst's error! otherwise, the investment community will assume it's true; silence IS NOT a virtue in this case.
As part of the investor community in Stans Energy; I have to express our collective concern and frustration with the share price of Stans (HRE). We still believe in Stans Energy, but we feel that management MUST take our concerns seriously, provide clarifications to our questions (especially on the production timeline), AND do much more PR to gain exposure to the REE investment market out there.
Best regards
WE shall see.........