HmmmmSo... a junio hits it out of the park with argo - and pretty well has a trinagulation from - lower lg to argo too k zone - but - sits and waits upon - green zone cores - did i not writew about this ?
I sure did - i said keep it moving - while waiting for the last cores to come in and tap a few more holes aroubnd th argo - just incase the gree nzone ends up lessor than desired.
Amazing how - a few holes trump the newly found argo - eh ?
When i look at the trades - i see an ovdeer reaction - and i have ot wonder who peehaps didthe scooping of al lthese 5 million shares ?
Not happy the junior chose to sit back and wait upon high risk holes - when they had something really good with the argo. It's like the argo dog down the street - eveerytrime another dog walks by the argo dog simply drops and wants theother dog to jump on it.
Yes... too compliant - willing to do anytihng for the other dog.
But.. .what's the other dog's name ?
Does it live next door ?
Well.. this answer requires reseach to know what's really happening in the neighborhood.
Seems there's lots of dogs in this zip code of Stewart.
Some even run in - pacts.
Which makes me wonder if - this is a tactic to either entreat the other dog - with an easy 5 million giveaway trades shares today- or - the most dumbest move ever - oh.. wait, sorry, MIS A takes that one, anothereasy lay down dog - that surrendered ot another.
ADVIDE ?
DROP - Lord Nelson - show shareholders you're willing to streamline and reduce costs
DEC - should have accessed a few hundred thousand - to emmediately begin expanding on the argo - but they didn't - f - even one hole turning inside the triangulation would have sufficed - a guard against the green holes.
So... where to now ?
Mountain Boy + Decades Red Cliff - this needs some attention.
Decade has controlling interest in this - 65%
Yet.. plays possum.
If they tpok the bull by the horns - and assembled a resource - they wouldn't be in this situation... the gold at montrose would buffer lots of dud holes elsewhere.
TAoo many baby moves - with eyes bigger than its mouth...
Hence - drop the Lord Nelson - threy should've never taken on this extra cost -
Del Notre was enough.
Todays news for shareholders - was rug pulled with bus coming head - on.
Thios is not strategicmoves- strategic moves always has a counter measure ot buffer.
So... where's the counter news ?
lol
If it were me ?
I'd press news and doing only one thing -
Taking care of the other issue of others surrounding - Red Cliff.
A junior should never walk away from their best assest...
Junior should follow through and get the resource tabulated.
Strategic move that if by chance another is interested - they sure as hell would not want
the junior's with the gold - to rise in price.
If no interest- then, the assembled resource still provides value for shareholddrs.
tghe gold in the ground gets measured and shareholders still recieve value.
This is the sort of strategic move that creates a potential double positive - at best single.
Which is how you steer the ship -
What i'm seeing now ?
Run fro mthe best assest - work an entirely new claim with no actual percentage ownership til la certain milestone = leaves oneself wide open.
Yip- still shocked they waited around for green holes.. .
Knowing what they alreradsy had at the argo - again - one, two, three, holes would have sufficed = to think - the ARGO is quite shallow - minerlaizatio nwas less than 60m
They could have punched 4 holes and really it would only be one holes - cost.
Between the northern corwn clains + bowq claims decade let slip thorugh its hands -
and allow others to swoon in aside of red cliff is well... hmmm.
Even the independent claims - yet another claim that should have bene scooped just to give red cliff some breathing room.
I worte a post the otrher day saying in so many words - if the junior simply sits and waits for the lord drilsl then.. what if they're dudsds - would this not leave it wide open to sharks ?
Ofcourse it would... so i have to ask - why was this move chosen ?
if decade chooses not to assemble a red cliff resource- and alows itself to stoop to a levbel of really low financing which - ultimately - allows another to sink thier claws in - then.. .i would have to ask - is decade just another puppet ? And puppet meaning - wwhere do they get thier financing from - and orders...
Place Del Norte on hold.
Drop Lord Nelson.
Assemble the red cliff resource = best counter measure to offset todays news.
And... wait for the stock to rise for the next raise...
If not... then, decades is bowing to another.
Where's the spunk for shareholders - decade ?
Cheers....