RE:RE:RE:Lee Barker details key assets and future plansAfter watching that interview, why would anyone invest in SRI. He sounds like a beggar on the street corner. He says that he went to the UK looking for financing. Why finance? Please stop drilling! On a per share basis, the moose pasture properties are worth almost zero. Drilling will just dilute our investment in VRB.
He says that VRB is only worth 8 to 10 cents per share to SRI. That implies a value of only $150 to $200 million for VRB. Do you think that Ivanhoe would be building a plant and investing tens of million of dollars in something that will turn out that small? Talk to Ivanhoe and they talk about a business that could be worth billions in a few years. They will steal our investment in VRB for nothing if we leave Lee Barker as CEO. Please retire Mr Barker. SRI needs someone who thinks big.
Instead of talking about raising money or drilling he should be hyping the POTENTIAL of VRB and what he would do with the money or shares. Everything that Lee Barker does is small. He thinks small and he talks small. Even the drilling company that he owns is small, and when it comes time to negotiate for VRB he will get small! So sad, because the potential is HUGE.^