Post by
Believe3 on Feb 10, 2022 11:38am
painful frustrating but surprised at the bidders
many I m sure letting go of some shares
others hanging on
still others maying letting go of some and hanging on to the dream everyone has to do what is in there best interest
am truthfully suprised on how well it is holding up considering since the last denial it took years to get another look....
suprised on strength of the bid... seems like someone / some institution is gobbling up shares cheaper at 1/3 what they were a few days ago curious since we were after all denied
leads me to believe
1. some folks believe we will get eventual approval and it will not take years
? who that may be .... ? cant imagine any long term share holders as we are all burned out and i think propensity would be to sell some rather then buy more
then who ? those in govt in the know
? LBN who feel they will eventually advocate for approval once they have enough shares ?
? another mining company wanting to take over
im usually not a conspiricy therorist but very curious that someone or many bought some 200,000 shares as for every seller there was a buyer
2. next steps
despite someone optimism dont see quick fix in next months but optimistic there are outs ...
we could hit that last ACE on the RIver to make the royal flush with the ministers embarrassed by their lack of geography and salmon mating habits by correcting them ... but unlikely to happen
John could partner or sell to another larger mining company dont think he has that in his mind but as a last resort
the company should hire consultant to work with govt and LBN to determine what it will take to get this approved.... give them the water reports / salmon reports ... make it public in your face ... enough of staying in the office and hoping they know the truth .... advocate for the mine publiclly with the lost tax revenuw / mineral tax for lbn / jobs / copper .... as said before
or find liason with LBN and offer them shares and minority partnership with mine and give an LBN chief the title of VP of Environmental Protection Officer so they can ensure mine is built to ensure safe enviroment ... as it was staed in EAO we are safe but giving LBN that title is nice touch , hey ?
what are you long termers doing selling, holding , mixuture
full disclosure sold some as need cash for bils and such but have significant holdings of tens of thousands of shares that i will hang on to as i still Believe this has valure and one day maybe me or my kids or grandkids or great grandkids will see the benefit.... hopefully me !
B3
Comment by
bkmholder on Feb 10, 2022 11:47am
There's still value as long as they hold on to the mineral rights, which will be up for renewal in May. Lets hope there is no clerical error this time..
Comment by
zerubbabel on Feb 12, 2022 1:48am
B3, I sent you a private message. Please have a look at it when you have a moment. Thanks.