RE:RE:big moveSmallCapIntel wrote: Huge fan of this move. To be the founder and run the company for this many years and still be able to recognize that a new CEO with proven mine development and M&A experience is needed speaks volumes for how Pat is not an ego guy, but a shareholder first one.
Im all for it. Now lets see who wants to step up to the plate and get some solid swings on a HR deposit like Great Atlantic.
not a fan whatsoever! looks like they keep harping on shareholders. why is that? to remind us that the pain we're experiencing and going to keep experiencing is for our own good?!
looks to me like we've been low-balled, the stink bid has been soundly rejected.
we dont need a negotiating guru. didn't we hire some big investment firm? so what do we need a deal maker here for? the property sells itself! you mean someone went to the trouble of pinging the investment bank, they brought the offer to patrick and he bungled it so badly as to require a CEO to nod his head yes take the deal?!?!?
nah, looks like we're stuck on developing this. it's a game of chicken. lets see who they bring in, the proof will be in that selection. is it gonna be some legacy guy, someone retired but may have some cred? or is it gonna be someone young, maybe w/ a bit of experience, but is not retired and more "current"? someone affiliated w/ the "strategic investors"? so, NOT rowland?!?
interim to full time position. what, do we really expect them to hire someone as a bluff? who would take that job?! the selection of that person gonna tell us a whoooooole lot. gonna work for a month or 2 and magically speed up negotiatons? dream on!
no buyout this year is my sad guess. or next. my guess is we'll flounder along developing this ourselves, until one day well down the road we aren't! we'll get taken out once this is more serioudly closer to production....could be a year or 2 or 3 until we get really close to prod. maybe not 4 years tho, that'll put us close to production ourselves and we'll have no need for buyout the closer we get to producing...
bad monday morning news in my books...