The problem with a capital structure like Tiaro?s (majority owned by another company) is sometimes there isn?t the pressure to generate immediate results for whatever reason.
The head geo Jacob Rebek investing 400k was one of the big reasons I bought in.
Agreed progress painfully slow (especially when I bought in at 0.41) however a great buy at these levels with a MC of 20million and a very tight registry.
Ann: Top Quality Coal Identified , page-14
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