RE:RE:RE:Question for DougThanks GoldenBull999.
I am a bit of a business nerd. I am especially fascinated by people who are in long established business sectors with established practices who try to do innovative things. Disruptors in what they are called in the tech sector and I think Cynthia falls into that category.
Traditionally a junior miner at Laurion's stage would partner with a larger entity and give up substansial equity in order to access funds needed for the next stage of project development. Most don't even make it this far, so kudos to the Laurion team for that, but I don't think the job is finished. If you follow Cynthia you know that she often refers to Laurion's five part model for growth. This is it, taken from Laurion corporate presentation.
- Establish a diversity of strategic alliances and industry specialists with best-in- class expertise in the mining and exploration sector.
- Ensure that LAURION has a continued strong treasury position for next strategic steps.
- Build on our substantial geoscientific database asset
- Advance Ishkoday Project, projecting a picture of a resilient corporation and
strongly positions LAURION in the crosshairs of an a prospective acquiror - Validation, Optimization, and Growth on Ishkoday through:
§ Accurate targeting across the strike length of 6 km, utilizing 3D modelling § Identify areas of upside potential through drilling.
§ large scale property opportunities to unlock new discovery
zones with significant strike/down plunge extent potential.
It is not hard to find concrete examples for four of them I believe current negotiations are in support of ensuring the strong treasury for the next stages. I don't believe she has worked this hard and to this vision to let someone else reap the biggest financial reward that comes after validating the resource. This potential deal is exciting to me because it keeps the biggest profits in the hands of the shareholders. It is remarkable really.
My issue is simply that the communication from their PR representative seems at odds with the vision and if it turns out that it is a strategic way to get capital I think people will be disappointed though they shouldn't be.
I tend to agree with what ProbablyGetBanned has said before. A deal at this time would be between $1.50-2.00/share, but I think, barring personal reasons that I wouldn't begrudge her for, that is not the goal.
Overleveraged? No. Overinvested, yes probably, but not financially. I like the company, I like Cynthia and I like the story. I feel like I am watching a Masterclass and I think an exit right now is premature. That said, I know a lot of people are frustrated, tired and old. Optimally I would like a strategic investment that from all the signs that I see is going to leveragw the stockpile. I believe this would have a positive effect on the share price and allow anyone who wants to get out can and not take loss, and the rest of us can ride a long a little while longer and see it through.
I spoke with Roger years ago. I haven't always been kind about him and owe him an apology for that. He did give me some good advice, he said if you are thinking of an investment and have a question, call up the CEO and ask. I would do that time to time with Cynthia and she always answered. I have been around this forum a long time and I have seen a lot of what I will call FAS - Frequently Assumed Statements. Things like they have validated 10M GEOS amongst others. I took Roger's advice. I asked Cynthia. To her credit she answered. Respectfully now that she has a PR person, my questions should be directed to them.
If you don't like my posts please mute me. There is no edit button on Stockhouse, but at least the mute feature works.