RE:RE:RE:Great news this morningYa, I wonder what they were doing because it's not like a team can work on multiple different projects at once. Would be nice if they communicated what they were doing.
While waiting to hear back from Comex, you can syart a drilling and testing campaign. When waiting to hear results from drilling and testing then you can reply to Comex. I understand timing doesn't work perfectly like that but again, it's also not just one person presumably and these guys arent actually in the field drilling and testing they are reviewing contract for drilling and testing and then waiting for results.
I understand a lot of these results are delayed because of fires this summer. That's fine but begs the question why weren't these done sooner?
Tree clearing was supposed to start in September and a financing was supposed to be locked up a month after the permit but here we are a year later after the permit and 2 months past the tree clearing deadline, drilling and testing as if we are a new company who doesn't have a permit trying to prove we have a viable resource.
It's frustrating because we all see the potential. What is causing the delay?
It was hinted that we were negotiating during the comex phase and once we were derisked wirh a permit, we could get financing. Well what happenned???
The executives havent promised anything (unlike during Comex) but the mood on the board has shifted to: "once resource size is sufficiently expanded we will sign a deal" ok, fine, how big do we have to peove th resource is to get a deal. What deals are available for smaller resources (if any).
I'm hoping whoever made the eagle eyed observation about financing being done by end of october is right. That was interesting.
It also seems like someone doesn't want this to drop below 1.60. The one time this stock crashed we actually got a tweet out of em that helped lift it back up.
I thought it was smart of them to raise money before so we would not feel pressure to do accept a bad deal. I hope the executives land a fantastic deal. I'm just expressing frustration.