Post by
CopperKing101 on May 02, 2021 8:47pm
Strike While The Iron Is Hot
So Michael gives an interview with these people called "The Deep Dive", and again, begins to hint that he is looking into forming either a spinco or JV with partners to advance the exploration of the land mass that Exploits has under their control. Obviously, it costs big bucks to even bring the most promising sites thru the drilling stage, and with our sites set on the top five, our plate is full. There are several companies that thru CRES, he has linkage with. Those guys are in Newfoundland with properties and a strategy of pooling money and spreading risk might be timely as if any one of those properties is successful, there's plenty for all.
Link:
https://m.youtube.com/watch?v=MshCVzR9dPE
Comment by
Warlockkk on May 03, 2021 9:30am
I do not like the idea of Joint Ventures YET. What's the rush? Take this one step at a time, the money will come. Is management looking for a world class discovery OR a steady paycheck?