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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Comment by sinusoidon Apr 20, 2019 5:27am
138 Views
Post# 29650469

RE:Its up to the Government

RE:Its up to the Government
Chileanmafia wrote:
1.  The project should have been ready and operational during the term of the last government
2.  Where did all the contingency money get spent?
3.  Current Mgt has done a very poor job concerning stakeholder and community outreach and engagement - this area needs massive changes and faith has to be restored in the eyes of shareholders.

My vote as a shareholder at the next AGM will be to toss the current management.


I'm frustrated by the delays and the financial precariousness at this point too, but I don't know enough about the situation on the ground to be blaming. It's hard to know just what engagement etc was done, and our board and management team have had very good reason to be tight-lipped about their strategy and actioins. I wish this weren't the case - transparency and maximum dialogue should always be the aspiration, but it may well not be the best strategy.

We're dealing with a bunch of self-absorbed falsely-righteous neo-Marxist activist stooges, screaming like rabid hyenas, spitting the dummy and repeating slogans like autistic children, and twisting anything anyone says like some first semester lawschool dropout - all to just score some sort of pointless and actually destructive ideological win. We're dealing with falsehoods disguised as facts that are difficult to differentiate from actual facts. Some members of the community may, perfectly understandably, be simply resistant to change - and support the activists on this basis, truth aside. And I'd be surprised if there weren't a part of the community annoyed or just apathetic at yet another conflict. That's an environment hard to engage with actively.

In this situation, especially absent any support from formal authoritative structures, standing back out of everyone's way, adopting a firm but minimally inflammatory stance of silence and confidence, is itself actually a form of engagement. This association with a sense of peace and propriety may well be the best path towards ultimate gaining trust, establishing legitimacy and acceptance.

Again, as frustrated as I am, I haven't actually seen anything I would consider inadequate.
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