RE:TDV updateFirst let me say thanks to RE for taking the time and trouble to make this post for us. I'm sure I speak from many others when I say we appreciate it a lot. Also I hope you realize I too am a shareholder of a more modest number of shares, and would love nothing better than to see the stock take off. It's been incredibly disappointing for shareholders and a long drought, so enough.
All that said I am first and foremost obligated to be objective when it comes to analyzing anything. But is it only me or are there any other long suffering shareholders out there who agree that beyond a nifty report on the potential of Taron combined with a new process for extracting cesium we are pretty much where we were six years ago. As for cesium, I get it ...there's hardly any of it, it's necessary, it's in demand, there are no mines, I get it, I get it. Ed keeps screaming this fact about cesium from the rooftops and has been doing this for almost a decade now. But so what? what does that mean for us? I'm still waiting for some kind of a positive result that makes a deposit into the bank.
As for Sarita Este, It seems we are all still waiting for First Quantum to do something, therefore status quo for many years now. Yeah it still has potential, yeah we're with golden minerals now, but we're still waiting with our hands tied and have been for probably a decade almost.
Any movement forward on Taron is going to require money which we don't have. I can foresee the possibility of selling Taron outright which would make the most sense to me. Anything other than that is going to cause massive dilution.
Other than that we still hear about a nebulous 20 to 30 properties that the company holds the right to without any further definition, without any ability to do even the slightest exploration into them, much less begin a thorough drilling program anywhere on any one of them. This was true 5 years ago, 10 years ago, who knows how much before that. So again I say, except for some minor details relating to the PEA, nothing much has changed since Ed first recommended this stock at five cents and something so many years ago. Any wonder if it's there at 1 to 2 cents and doesn't budge?
Lastly, remember that there is no ongoing mine construction on any of our properties. Zilch. So even if construction were to begin tomorrow, having gotten all through the permitting and planning phases, a real income stream selling some desirable metal to a buyer is probably something like a decade away. How is the company going to survive during this wait time?
Somebody please call me a bunch if names, tell me that I am wrong, but then please get around to telling me in as much detail as you can HOW I am wrong, followed then by how your improved vision will be soon making the stock appreciate. Thanks in advance.
PS... I will say that Ed did make a funny joke which made my day when I read it. His advice was to try to get in under 5 cents and even what to do when or if the stock shoots up too fast. Hahahaha! Good ine. Okay Ed, I will try to get in under 5 cents...