Post by
TFSAfunds on Jan 22, 2021 10:18am
Management Failure...
Current management and the current Company culture is one of total ignorance as to "promotion"! The last attempt at promo was Andrew Male and his "travelling dog and pony show" prior to the arrival of Sentient. That attempt ended in resolute failure, but may have attracted the attention of Sentient. With the arrival of Sentient, the "sugar daddy", promotion went out the window. Money was NEVER an issue... it was there... and lots of it! The Company was going to succeed based on the mineral assets alone! Sentient wasn't there to "play the market" with their 90% of the shares!
Turns out our current CEO could suggest just about any mineral play to Sentient and they'd fund his folly! Fast forward to today and the Company is back to the old Sola and Cancana days where it has to go out and find its own means. Unfortunately, management has forgotten or lost the capability to do proper promo! The last raise was based on potential, in spite of the track record. Without concrete results, the next raise will fail. The Company needs too much money to make a go of this project without early success! We must keep our fingers crossed that they stumble upon a motherlode because there is no other way!
P.S.
Freddie... your "covid fighting frog slime" - lol. Too bad, the Company only holds "mineral" rights. the "flora and fauna" would make the landowner rich! LOL