RE:RE:6th Turd...VP Exploration?Jack - Have you actually taken the 38 minutes and watched the CRuX video? I've watched it a couple times now (second time to confirm to myself what most of Ogopogo was saying was fabricated and false)....I think you may benefit from doing so (I hope you aren't just taking Ogopogo's word at face value....although he is the self-proclaimed janitor-turned-billionaire who is supposedly "smarter" than Eric Sprott, Elliott, Triple Flag, and now Fidelity who owns nearly 5% of the company)
At around the 26 minute mark he explains that they are forecasting approx 10-20,000m NEW drill program at ATO and Mungu (costing around $3-4 million dollars) + drills will start turning soon (~2-3 weeks from the video date) for another approximately 10-20,000m drilling program down at UK (virgin, undrilled territory sandwiched between ERD's licenses). I think he said another $2-3 million cost down there at some point in the video (but don't quote me on that one)....so somewhere around $6-8 million in estimated exploration costs expected this year +/-?
I fail to see Ogopogo's point about missing anything? Other than spreading FUD what is his point? Is he claiming VP exploration "missed" because the company is starting their drill program now at UK vice at the end of last year (2020) following the trenching program in the Fall? He / you consider that a "miss" or a "problem"??? Those are operational decisions...and what difference in the long run does it make if they started then or now a few months later?? ...in the video ~28 minute mark, he indicates that could be another company / mine in itself (without ATO and Mungu)...
Is it safe to assume you haven't / don't run a company of any kind yourself? I know Ogopogo does not - he was outed by a poster on here some months ago as both a paid basher and also a janitor/maintence guy...... Operational decisions are based on long-term results, value creation and profitability.....a public company's management doesn't (or dare i say shouldn't) pander to short-term shareholders that want to make a quick buck in a week and then dump the stock (Was it Ogogopo trying to compare this to Bitcoin a few days ago??? Shows how clueless he is in the mining space and markets.)
Jack - This is your 2nd post in 2 days (first one being about Rio Tinto) which shows you haven't done your DD/ homework, but are just following what a known paid basher / janitor is saying on a BB. Suggest you do some more reading and asking - I've reached out to STGO multiple times over the last couple of years and they are very responsive to shareholder questions.
JMHO