RE:Who is up for change ? Time for a straw poll. I used to be a big supporter and defender of Erik and John. If you look through my posts from 2012 through to July 2015 I supported mgmt faithfully and believe we were wronged. While I still believe that the Oct 1 2012 rejection was political, I no longer believe that the gov is solely to blame.
There is a clear problem with our mgmt group, in that the relationship with the FN only deterioriates further. Adams is not a supporter of the project in its current state. Does everyone know that Erik sued LBN in 2010 claiming that they defamed him? What did BKM do in light of this, promote Erik to COO - a slap in the face to a key partner, the FN in this project.
I also know for a fact that the government does not like dealing with Erik. He is confonrtational in nature. It boggles my mind that Erik remains in his position despite how dislkied he is with the two gatekeepers with this project. Which brings me to John.
John is a likeable guy. He's the underdog story no doubt. However, he is unable to attract a major mining firm, or make key decisions to advance the company. His guidance has taken us from a $15 stock when gold was $1600 and copper $3.75, to a $1.40 stock when gold is $1120 and copper $2.20. The past three years they have not done a single thing other than piss off the gov and the FN. Mark my words, BKM will become a seriel issuer and they will dilute shareholders indefinitely until they either die or give up.
In my mind, change is needed. I would like to see john stay on but in a different capacity. Erik needs to go as does the rest of the board that continues to sit in their rocking chairs in the USA collecting options hoping that something happens.
Start worrying about the reality that this investment could go to ZERO and I think you will find solace that a new board and leader could bridge the gap between LBN and the gov. Afterall, I don't think we are that far away - I think the only thing keeping us from advacning is new leadership and then the FN and gov will cooperate.