NYSEAM:SVT - Post by User
Post by
SuneeDazeon Oct 23, 2021 3:37pm
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Post# 34041099
First Impressions/Company Contact
First Impressions/Company ContactI was thoroughly impressed with ceo Patrick McGrath when I emailed the company Thurs. night (expecting to hear back next week, maybe), and he responded back to me within a couple hours. Quite impressive.
The drill program is about half complete. Samples are being sent to a lab in Reno, Nevada, with an expected turnover of about 2 months. Drilling started Sept. 8 to give you some idea as to when results can be expected.
I also inquired about exploration in California. He said it's been very smooth going with permits issued expediently, and overall a positive experience. It's worth noting that there are a number of operations by high profile companies currently in California.
He mentioned that he's a shareholder as well, and I checked sedi to see that he currently holds about 16.8 million shares so he's vested as well with a direct stake, and benefits with positive developments as we do. Other directors also hold stakes, up to 2-3 million shares each. It's always positive when management has "skin in the game".
Also, he said that an update will be released in the next few weeks, so there will be some newsflow before any assays are released.
At any rate, I'll comment a bit more later. Just thought I'd share what I've gleaned about MOON in a short time. Have a great weekend. Take care.