RE:THC Presentation - June 23, 2022In the past, because of the HUGE UPSIDE POTENTIAL at ST, I have tried to be rather complimentary to the OCO team, and Adam, in particular, but this newest San Diego Torrey Hills capital video [23 Jun] really has me SHAKING MY HEAD ... and, more importantly, it has SHAKEN MY CONFIDENCE in OCO Management! In my mind, this is not trivial.
Go to the 31-35 minute mark interval of this video, where Adam is talking about the NEW Brasiles CORE-DRILLING results, and give a listen to this "embarrassment" of a discussion.
He provides absolutely NO SPECIFIC INFO regarding the TWO BLANK CORES at Brasiles; almost, it seems, that he is trying to HIDE THESE NEG RESULTS.
Does Adam --- OCO Management --- think that we investors are STUPID? Does he think that if he simply DOES NOT mention these bad results that we will not be able to figure it out? Adam, in the video, tried several ways TO NOT MENTION OUT LOUD that TWO of these new core holes came up ABSOLUTELY BLANK!
Guess what Adam: you can try to hide this all you want, but, yesterday, despite your efforts --- like the little boy who was caught breaking the window --- the MARKET FIGURED IT OUT! OCO took it in the shorts ... and I do know whether the pain is yet complete!
What were you guys thinking ... or, actually, NOT THINKING ... by not being forthright and discussing openly these results?
Look Adam: no one, least of all me, expects that in a mineral EXPLORATION PLAY [as we have here at ST] that one will realize 100% positive success. So, why could you not mention out loud anything specific about these two cores?
Your video, to me, sounds like you --- OCO Management --- is trying to deceive the investment community! TOf course, IF TRUE, this is HORSESHIT and it's worse than amateurish ... and that is being polite.
I don't know whether, at some point later in this video, that Adam talked about the DRILL-CORE activities suspension --- you know, the one that will only be a few days ... and will re-start any day now ... any day now ... any day now --- but, given Adam's puke of a discussion re the Brasiles results, I turned off the video.
The real question, IMO, is whether these "games" that Adam is playing has severely hurt OCO's credibility? What do these investors, particularly the one who invested MILLIONS via the PP, think of this embarassment? If this is intentional deception, this is worse than a shame. There is so much potential at ST --- this is a serious prospect --- and yet Adam/OCO feels compelled to jerk our chains.
Last night, I was trying to think of ways for OCO to recover from this CREDIBILITY F**K-UP; where, in my mind, in the presence of these trying markets and economies, such is not trivial. They/we are fortunate because of all the Cu there at ST, but, this New Open OCO that these guys were/are talking about seems just like more of the same old duck and cover, obfiscate and be less than fully forthright.
Please OCO, let's have some HONESTY and DIRECT TALK; there is no need to SUGAR-COAT the negative news! Okay, now what is the "NEW and Open" OCO going to do to get this ship back on more solid footing?