65% OWNERSHIP RED CLIFF- Promised resource over 3years ago
- 65% control means decade has majority control
- no excuse to not follow through with a resource
- delaying this resource calculation - prohibits the value to be recognized
FLASHBACK - 2009 - THE ADOPTION
Shares of the company ran up substantially in September, trading as high as $1.64 on September 25. The had company reported on September 14 that it intersected 28.4 metres of 7.3 grams per tonne of gold at the Montrose zone on the red cliff property. It adopted a shareholder rights plan October 21, in order to ensure fair treatment of its shareholders should the company face a takeover attempt. - deacde did not see any real respect for the del notre dril lresults.
- asks were quite apparent
- the stock has been shorted for years
- even larger shorts around raise timeframes
- TUO- has actually risen in price by $.04 centstoday.
- Lord Nelson drills last
i had written a prior post speaking about - the what if - worst were saved for last ?
If we revert back to the Lord - grab samples - i would think decade should've just stuck to
picking up grab samples - vs - drilling p pardon the pun. The grab samples certainly don't match the drills - which i have to make that guess -they're float rocks.
The following table shows the results for sampling on this newly outlined zone:
| Sample Number | Sample Type | g/t Gold | g/t Silver | % Copper |
| A20-62 | Grab* | 36.5 | 133 | 0.72 |
| A20-63 | 0.7m channel | 10.3 | 98.7 | 0.74 |
| A20-93 | Grab* | 5.18 | 15.4 | 1.4 |
| A20-94 | Grab* | 475.0 | >100 | 11.9 |
| A20-95 | Grab* | 0.70 | 9.4 | 2.43 |
| A20-96 | Grab* | 2.71 | >100 | 8.59 |
| A20-97 | Grab* | 3.23 | 41.4 | 3.1 |
| KKM-03 | Grab* | 119.0 | 25.5 | 8.99 |
| KKM-04 | Grab* | 32.0 | 26.0 | 3.56 |
Yip - don't pass go - don't collect $200
Simply - assemble the long overdue - red cliff resource - 3 year delay..
65% control interest - is not being exercised appropriately.