RE:My view. I can see that you have taken the La Cobra concession as "none-explorer" assets? The clock was reset when GER won the La Cobra permit, not before. I have been here (averaging my way down) since the early stages of Nicaragua deal with the Coop & B2Gold. With all the back & forth with a major shareholder who took it upon himself to try & force a mill operation (he initiated) in Nicaragua that by no means had the technical capacity to refine the "very fine gold" tailings there. The deal with Nicaragua prohibited the use of cynanide processes and required mercury removal as part of the deal, with no concession except for mounds of tailings. Well no matter what methods GER tried with new bio-friendly chemicals it proved that recovery would remain in the 40 to 50% range or less, uneconomical.
This did prove a total waste of time & money which Jean more or less went along with. Yes Jean's mistake that ended in the major investor moving on under very tense circumstances.
Once he was gone the Cobra de Oro came along & under Jean's direction has grown into a productive, working asset. Yet still just an operation dependent on relatively rich ore tailins from the many local artisan miners. It takes a lot of work to garner trust & comfort from this tight knit inner circle group. Jean has bridge the gap & has earned their trust, a foundation which has produced some decent gold production.
The selling of the lithium concession was a treasury building windfall. The hard rock lithium would have only worked if Canada Lithium was bought back to production. Many have tried & failed to revive the mill there across the lake from GER's deposit. Evidently the mill is rusting/idle but worth multi-millions. There again Jean tried to assemble a consortium but investor interest was leary of Canada Lithium's viability & debt ridden creditors, even to this day. So Jean pulled off a great deal with the Australians who paid a decent premium of $4 million.
So like Jammin said here we are & by all intents & purposes poised to realize a very decent return. And yes I thank Jean for 90% of it, cheap warranta & all. Buy now, the PPS will be far higher after the mill is up & smoothly pushing out the gold/silver concentrates. GLTA