Fallacious Thinking "Good decision comes from experience. Experience comes from bad decision." Mark Twain.
Yes, Chuck had been buying both CD and MTX over three decades and never sold. With reverse splits, both stocks have lost 99.99 percent of their values. What does that tell you? Chuck's buying indicator? Time is a waste of money.
At the recent AGM, Chuck reminded me of a kind, old retiree in a rocking chair reminiscing about his love life, horses and misadventures. He is incredibly loyal to his staff giving them 6-figure remuneration and big options for running two penny stock companies with no money. Most of the money raised went to own lab work.
While it was all legal, the optics looked really bad when Chad, Vern and Jenn exercised cheap options and sold big time in August 2019 dumping shares at $6 and above. CD undertook a private placement of FTS and charity shares at $6.5 during that month raising $15 million. Right after the funding closed, CD announced the true width of the discovery was only 14 some metres. The wheels came off and the stock plummeted. Inside information or just plain luck? Who knows?
I don't think Chuck who bought 410,000 shares at 15 cents on the Friday before the news on Germanium. The following Monday, it went to 20 cents, and the stock skyrocketed to 45 cents during AGM the next day. It seems to me to be all innocuous and I am not a conspiracy theorist as he never sold any.
As for Sprott, they invested and have since reduced their stake in another penny stock Metallic operating in the same First Nation land as CD and Atac. The permitting approved by the Yukon Govt was reversed by the courts due to lack of consultation. I believe Sprott Partners did the CD charity shares deal acting as structured advisor only.
Don't get into hussy fits and attacks someone just because he has an opposing view. That is the definition of the lack of class!!!