RE:RE:RE:RE:RE:Capitulation Selling Today….Let's just review the facts:
- Fall 2022 NR said multiple discussions and signed NDAs, parties were reviewing the 'data room'
- interviews with management all implied that the deal will follow shortly after permit is issued, Haber said 'instantaneously'
- never was mentioned the life of the mine before, ever!
- Nov 2022 - famous permit issued and management started mentioning the life of the mine for the first time!
- Revised the financing to Q1 2023 on multiple occasions and interviews
- Parties were again reviewing the famous 'data room', no mention anymore of the signed NDAs...
- 2023 quietly and without explanation moved financing to September and call it 'conservative'.
- Last NR even made it worse by simply saying construction starting by the end of the year - even more vague than before
The market clearly is showing us that there is some kind of a problem here and we have no idea what that is!!!
As I have said many times, it's fine to revise your timeline, they are not magicians and things change but come forward and explain your shareholders why you havd to revise it.
Deals are happening around, other juniors are hitting new ATH and management inability to communicate with the Market leads to investors jumping ship