Ability to Manage Does HUD pocess the necessary management skills to get us to production by mid-2018?
Past performance does not bode well for investors but we continue to hope which is a difficult commodity to take to the bank.
The reason I continue to hold a substantial position is not because of any demonstrated ability on the part of management to execute plans but due to the alleged nature of our discovery.Our product is unique to the world,is in a quantity to provide unlimited supply for 100 years plus,is superior to all known competion in terms of the enviromental impact,the cost savings on machinery and the bottom line of producers and we are located in an easily accessible and mining friendly area.
With all these attributes and more, why are we currently struggling to finalize financing and get additional off-takes signed?Why are our share price and volumes so pathetic?
Why would one not want to promote a project such as ours?Why have we failed over the years to meet many of our goals and expectations?Why are business in the coatings and filler industry as well as the alumina industry reluctant to take a position with Hud, if for no other reason than to get their foot in the door before their competion? according to Jamie they have tested our product and are pleased with the results but still no agreements.Sometimes it leaves me to wonder wheather our product is as unique as we are lead to believe.
If we do not get EIB approval by mid-Fall, then my faith in management to execute will be severely deterioated.
It is a very frustrating time for shareholders due to lack of promotion, limited communication from management and past failures to meet expectations. Will management learn fron their past history? a question yet to be answered.
GLTA