RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Stans FYI DyoddI emailed Boris asking if the company was going to put out a press release detailing it's response to the neon mining offer
this is his reply
Side note: I don't blame the company for the CTO going on this long. Appearently it takes the most powerful securities commission in Canada over 3 months to review a micro cap stock which is sad and stupid on the OSC's part
The intriguing thing for me about the email was the part about working on some real prospects that they will announce in due course. I've maintained since 2019 that I think Stan's will be bought out and here's why
1. Proprietary technology of rare earth mining, refining and extraction
2. The 50/50 JV with rosatom
3. The Kashka Rare Earth Extraction plant in the republic that the company still owns
I also don't think the neon mining offer was the only reason HREEF has rallied this much. There was a billionaire recently who said he think the US stimulus checks have contributed to a rise in the markets. Americans are slated to get another $1400 check soon if I'm not mistaken. I also think it's the rise of Do It Yourself trading apps that have brought in millions of new retail investors that would not have existed 10-15 years ago. There is talk on reddit of a once in decade(s) rise in all markets right now.
Dear Trickygame,
The news from Neon Mining came as the trailer to their letter to us to which we are responding today with thanks but no thanks. They did not informed us about this announcement - and we have no idea why they done it (has to be some "Russian logic" behind it). We can't PR every proposal we receive from around the globe until something material comes out of it. We are working on some real prospects and will announce the results in a due course.
And as an update on the CTO revocation status, I just sent our response to OSC request (a lot of question to address). Hope they move fast to react and get us back to trade.
Boris
End of email
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