I agree with the general sentiment about how non-insider shareholders are ignored / poorly treated.
Points 1 & 2: no particular view other than it’s a bear market for practically everything but none of my investments depend on a bull market to succeed. Agree this impacts Points 3 & 4 but all of this is dependent on whether POD remains at this bombed out share price level versus comparable junior miners (stage, prospects etc).
Points 5 & 6: agreed. Not playing Division 1. Need to push much harder, set deadlines, get results.
Points 7 & 8: agreed if market cap was in the $150-200m zone relative to likelihood of $30bn of rock in-situ
Points 8 & 9: difficult to call. I accept that Canaccord, like most other brokers, is usually seen as looking after its own. However, it’s worth pointing out that Manford and Chesapeake added in September 2021 in the 50-55c region. Also Rod Baxter coughed up at 29c. Net, net it provides goal-aligned access to capital. Just need to be mindful of CR games, sadly.
Overall, I think the key issue is that mgt need to up their game and get back at least to the 50s. That will require solid hard work and good communications. There could be some important catalysts ahead with MRE and scoping study but when?
I think the one benefit of this ‘POD needs a PROD’ phase is that the HC contributors are all grown ups with a valuable perspective. No village idiots. Hopefully, we will benefit financially by figuring it out. This mine will be built but how long and winding is the road ahead?
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