RE:RE:RE:RE:RE:RE:RE:RE:Management This is a junior exploration company in canada on the venture exchange working towards being a developer / miner. There are no sales, profits, and earnings to contribute to at this time.
I would urge you to give JSL a call to get a bit of an understanding what it takes to get a mime going in Quebec, Canada. I know Nemaska is near and dear to your heart from your previous posts, so you clearly understand how that went and continues to go.
Odds are heavily stacked against these junior developers. Fed and prov governments, Enviro req, permits out the ying yang, First Nations, and on and on. 10-15 years to get through all this red tape of sewage with nothing guaranteed. And once there is finally what seems to be a light at the end of the tunnel, China decides it will destroy the western market and flood it with their junk because the real estate game fell apart on them so this their next target.
I get it, I wish management also did some things differently, but we don't have the full story to point fingers and say that they should have done this instead of that if we're not there at the table with them to be able to asses ourselves if what they did at the time was a bad move. I'm sure mistakes were made as I can't expect them to be perfect. Management teams of multibillion organizations make detrimental mistakes everyday. They are all human at the end of the day.
Getting a mine operational in Quebec Canada in First Nations country is an insanely difficult task. Protect the sacred waters and lands but make sure I get my cut of the millions.
When I spoke to Patrick before he moved on he told me that they even have to provide proof and certification that the paint on the heavy equipment was sourced by ethical means where no child labour was involved etc. not the equipment itself the PAINT! These are the hoops this management team has to jump through on top of everything else going on in macro environment. You think anyone's gives a beep where the paint was sourced from for that excavator at the mine in China? More than likely a minor is operating that heavy equipment.
Perhaps people should be a little less of keyboard warriors and actually pick up a phone once in a while. The people complaining about management not getting back to them are likely just being rude or not even giving any effort to connect.
The venture is littered in the carcuses of dead exploration companies. These companies that also paid big salaries to bring in top talent and yet they no longer exist. These same companies that would do multiple private placements per year diluting into oblivion. We still sit at roughly 200 million shares after all these years. Pretty much unheard of on the venture. We're still alive, beaten down, but alive. Nobody has given up at CRE. They continue to push forward to makes this mine a reality.
dalesio_98 wrote: An illusion, pseudonym indicating:
you told me to my face that the stock and stock options are not money that I rightfully worked for and earned I would probably give you a whole 5 seconds to get out of my face before things got more interesting.
You earn your keep to be employed (salary, stock, stock options), generate sales, profits or contribute to earning profits, n'est-ce pas.
What has CRE board and upper management accomplished for their salary, options based on merit (?), warrants, evaluations/performance bonuses?
How many years has this been going on and will continue to go on before project comes through to fruition? If ever?
'Insanity is doing the same thing over and over again and expecting different results.'
Is it high time they think outside the box and attempt a totally different strategy!
Good luck to All!
Good luck to All!