PAINT 2 PICTURESAct as Galen is doing Portofino a favor releasing them from thier obligation with a private Argentine Agreement - not seeing eye to eye so - you say. In reality...Portofino has many, months left with
the Hombre Agreement... But feels the urgency to unload 2 HOMBRE LOCATIONS, JUST WHEN
GALEN HITS BIG LITHIUM ( 900/PPM )
OR....
JV with Galen.
Strictly keep the JV to Hombre.
As not to intrude on GALENS other projects.
Instant!y, Portofino grafts in GALENS drill results.
Portofino could then jump ahead on the back of, GALENS efforts.
Portofino would be able to sport GALENS drill results.
Portofino's stock could - potentially rise - on such a JV + grafted Drill results.
Galen is roughly .25/cents
Portofino with very few shares out - might match Galens, or ?
Then...with a higher SP Portofino taps the share - purse.
PAYS OFF... the MEASELY $400/k and throws private Argentine 1/mil shares.
DONE = HEADACHE SOLVED.
RESULT ?
2 Hombre locations now fully PAID OFF.
Portofino would finally have something tangble... in full ownership.
Full ownership = all the more value ' not kept in limbo... just maintaining the Downpayments.
That is a smart plan.
Makes sense.
Provides value for shareholders.
After all...it's lithium we've - invested in.
I didn't invest to watch the junior give the SALARS AWAY.
Now ask...why did Portofino not provide news on the lithium projects for so long ?
Now ask...why did Portofino not follow through with Redlake last fall ?
What happened to the SP ?
It spiralled to. $.015/cents.
Now ask....what else is Tafel into ?
Is he working on other projects for... other juniors ?
Could those projects take time away ( from ) Portofino's SALARS ?
Now ask....did this act of... No SALAR news and No Fall explore - ( Redlake )
Create, an injury to the SP ?
If, the SP is kept injured = is it easier to justify the current Hombre deal ?
Could it make one feel... GALEN is doing Portofino a great service ?
lol
Anyways...
It's my own opinion.
It's how I see things.
I hope Portofino thinks twice.
We shareholders have not seen anything substantial in so long.
While Management has not missed a trick when it comes to, own wages.
Enough with the reasoning.
Let's see some value for shareholders.