Post by
BSdetector2016 on Mar 08, 2022 3:55pm
Put the project in a box
Cut staff, and wait for the take-out. Nothing they do does anything for share price. Ayawilca is the asset, and it's well-known. Stop wasting money conducting activities that add NO value. Board should put Carmen on a one day per month retainer until the company is taken-out. NO MORE FINANCINGS!
Comment by
Abdomen on Mar 10, 2022 4:21pm
Yup, waiting for a takeout is a good idea. wtf. The big problem here is the cap structure. What needs to be done is maybe a 5-1 consolidation. That will give the stock room to move when the next drill program significantly adds to the PEA and motivates a major to take out the project out. Shareholders get a big payout and the company moves on with the Silvia project.