BNN InterviewThe interview has Dev. expounding the exceptional virtues and values of PLS glorifying the ore body and the mega potential. Best discovery in the world at this date! At least he was right on that point. Valued at over 1B market cap.....somewhere in the $3 to $4 per share range. AT least $2.40 in the short term! Over 100 corridors of potential and we've done....five. So........
Why did you try to give it away Dev? A little 1.2M promissary something in the old back pocket have anything to do with that?
Why do you have to burn our investment dollars and travel the world to find interest in the best discovery in over 40 years? Poke a few more value added holes in the ground instead. 19M for overhead....or two years of drilling funds?
Started my business in my basement, seems to make him think that FCU is his and that alone should make us bow to his wishes.
And where were you Ross when the shareholders were down and getting kicked in the teeth? A little intimidated by the big wheeler dealer, or maybe a little 1.2 M promissary something in the drawers? Why the silence then and now?
Can they be bought for a price?? If so, are FCU sharholders waiting for the next shoe to drop? I for one do not want to be a "throw me under the bus" shareholder again!!! Personally I DO NOT HAVE THAT TRUST! And NO I will not sell my shares!
If anybody thinks that L.L. (the guy that looks like Mr. Bean) is a sharp deal maker, wait till the Chinese wheeler dealers get through with Dev. He is totally our of their league/talent/experience, and his chesire cat smile will do nothing for him. He will probably return with his hat in his hands and wet pants!
Will management insist on coming with any future potential deals?
Would the NXE management, who are doing what they are supposed to do, going to relinquish their positions in a (only imagined) NXE/FCU merger.....hardly. That would be unthinkable to NXE shareholders. They would find themselves in the same prediciment FCU is in. Waste the funds scenario!
NXE shareholders might consider a merger IF their management were to take over without FCU management in the formula at all! Ross might be useful in the geology dept. but NXE seems to be doing exceptionally well without him.
The PLS goods are there.....unfortunately the opinion of many......leadership is not. That in my opinion, is the big hold up for share price escalation. Proof is in the merger failure! (4th major decision failure). Those that choose to ignore the obvious (history) are bound for repeat failures.
A CEO with any honorable values would gracefully resign, openly admitting his role in the failure that has hurt FCU shareholders, undervalued our investments, and caused unnecessary stress and anxiety.
Dev. will you take the honorable route of resignation, or will I, as part owner of FCU have to tell you outright..... I'm not happy with your performance (or lack of) so......YOU''RE FIRED?
Whatever happens, it is obvious that PLS is a world class discovery not seen in many decades and it will, even now, continue to increase in value for shareholders (stand alone). PLS survived the attempted assination of the century, and though wounded, has a firm proven foundation of Uranium values. (and gold). It will grow strong again soon and resume it's righful place as leader of the pack!
But it is not business as usual, and, as with the merger, we must not drop our guard, and let ourselves be lulled into a false sense of security, but maintain vigilence especially with any decisions FCU management undertakes from now on and into the future. We want, honesty, openess and especially, ACCOUNTABILITY!
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Thanks and well done, Jim, for an exceptional successful effort!
Solver's musings