Sooooooooooooo ...What happens now? No money from warrants, no revenue from sales and AJ
only borrows from Sentient, so no PP. Beginning to look a lot like default isn't
it? There goes another 6 or 7% of our stake in BMC.
It's been 2 years now that Ferrometals/Sentient has officially been involved in
this project. During that period, how much has been spent on defining the
resource? And we have yet to see a single f'ing NI43-101. What's wrong with
this picture? Isn't it about time for us to demand, YES DEMAND!, that the
Company release what they've learned to date? You can't tell me that they
don't have some preliminary resource figures established?
Big news this week??? Its called year-end financials and MDA. (You know, the
ones you expected at the end of February... lol) Really don't expect anything
exciting in them! We've had 2 desperation sales this year, did we actually sell
anything last year? And why don't they tell us what the selling price actually
was? You know, actual US dollars per tonne at the mine gate, rather than
insinuate value by telling us the world price has recovered by 100%!!! Doesn't
that type of obfuscation bother anyone else here?
Why would they release news now and not a week or two ago? That would
have justified exercising the warrants, would it not? Sentient will actually come
out ahead by forcing the default at the end of June! Their percentage ownership
increases much more than the 8.5 million extra shares would have done for
them. And you know, there's not a bloody thing we can do about it. Except, that
is, to watch our investment return slowly shrink to next to nothing!