RE:RE:RE:Probably just resetting expectations THIS.
I got more than a dozen requests to address the strategy specific to a 43-101 and many, many requests for transparency on the subject.
Got that for you all and somehow a few folks jumped to Laurion no longer being for sale. The opposite is true; Cynthia wants to sell the company and one of her 3 major strategic goals is to sell the company and this year progress was made to that end (special committee, financial advisor etc...)
None of that has changed an ounce, all I told you today is that a property the size of the Ishkoday at now 57 square km's needs a lot more work to produce a reliable resource estimate. That doesn't mean it has to be Cynthia and team who execute that work. Far from it.
Do as you like of course but those are the facts you asked for. I find them all hugely encouraging but to each their own. I'm thrilled to own what I do, including my $0.40 options.
-Steve
fatlas wrote: I don't read any of this to indicate a change in direction. At all.
Steve - has there been a change in LME's strategic direction? Are they still exploring and developing while working on disposing?
looks to me like the attempts to explain how and why raising money might be useful to a junior exploration company - and explaining why we aren't yet at the best time for an MRE - people have concluded that LME is not for sale and that the plan is to drill until an MRe is produced.
I don't think that is the case.