Post by
blueboron99 on May 24, 2023 11:09am
MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED DEC/22
For what it's worth, I have attached a copy of the above Report from Sedar for your update & general interest.
To me it appears our present financial support from our existing Partner has been inconsistent along with difficulting trying to raise additional funds to further explore the Diagras diamond project.
Having another junior exploration Company for financial support for exploration, just doesn't cut it when some years they are supportive, and other years they are non-committed.
ADD need's to focus on seeking out a larger mid-tiered or Major partner to provide funding to finish exploration work at the Diagras property within the next two years to prepare Diagras for a sale.
IMO, the Finland diamond project "Tamantti" should be placed on hold, until Diagras is gift wrapped and sold.
I believe our Mgmt needs to focus on our three diamond properties in NWT, Nunavat & Finland and not bother chasing the high demand for rare earth minerals, which appears to be trendy these days.
A suggested option, marketing themselves to seek out a larger, mid-tiered Company as a partner, to provide committed financing for exploration year after year to advance the Diagras & Tamantti diamond projects. The Nunavat "Stein" diamond project appears fine with GGL Resources Corp being optioned the drilling operations for a 60% ownership on that project.
Just some food for thought.
https://www.sedar.com/CheckCode.do
Blue
Comment by
masterthink on May 24, 2023 1:52pm
EVERYBODY HERE HAVE BEEN ROLLED INTO FLOUR AND SCREWED...