RE:RE:April 29
I appreciate this thoughtful post. I am, like most of those reading this, deeply disappointed in where we are at with this stock.
I am encouraged to hear that they are targeting aug/sept for the financial package. I would have asked JSL what year he is referring to. It would have been a joke, but with the lack of action we see from this group, it is actually a very reasonable question. Talk is cheep and CRE is full of it.
I have worked in mining. About 15 years in and that company is close to production of the largest potash mine in the world. It's coming up on 15 years I have been invested in CRE/First Gold. The whole time the Rose property has been the golden gewel. They have no financing, they have not broken ground.
I know this CRE is the oppostite end of the spectrum from the one I worked for, but it lithium has had some very hot moments and the leadership have taken no advantage of that.
Haber makes $700K/year? I would really like to know what he has delivered in that time.
Every time I think this through, my conclusion is always the same. We have a bunch of geology geeks who know SFA about business. Now we are at pre-permit share price. It should be deeply embarassing for JSL. He should be writing the shareholders a letter of appology. At the end of the day, its on him and no one else that we are in this spot. He is the leader.
Shame!