RE:RE:RE:RE:RE:RE:RE:RE:Good Reads from Ceo.caRandys1 ... I'm not looking at anything other than how management manages things to explain a direction in the stock.
The CRUX dude couldn't have made his agenda any more clear.
Management is projecting that they are content with cheap paper warrants holders topping up the coffers by selling cheap paper common shares into the market to exercise in the money warrants (let's not overlook the shorting and covering with warrants). All you have to do is read the last couple news releases to understand this is where they are at.
I think it's a terrible strategy ... but that's me.
All the good that is being executed on the ground at Cabacal is being dithered away by what can only be described as poor execution on promotion.
CRUX is a crux ... a self inflicted problem. I don't know how management can get around it other than showing the market that ruthless bankers/investment families be danmed ... management and Maxey are going to throw down large and exercise their warrants without selling common shares in the market ... thereby ... showing the ruthless basstards that management has a path forward without them ... so their exercise in punishing them is futile at best. Would also send the strongest message to the market that management isn't f'ck'ng around here ... dropping large would prove it witout a doubt.
But ... wtf do I know ... I've only watched this chit play out over and over ... over 16 years ... and it always seems to be a case of deja vu ... err ... groundhog chit ... err ... BAGHOLDER city. Cabacal is supposed to break that pattern/history ... am I right or am I right?
Don't tell me 80 cents is the best this deal can be promoted to and that day has already come and gone.
Should be at $1 right now ... 57 cents is a f'ck'ng joke but I guess to some it looks like a great recovery after being smashed to 51 cents early in the day.
Maybe a better day tommorrow? Or another excuse being thrown out to explain the collapse in the chart/trend?