DRX 0.00% 2.5¢ diatreme resources limited

Cyclone Deal ?, page-28

  1. 252 Posts.
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    Gidday Dreamin, If the company wants finance and a partner, instead of the Chinese, there are companies like Eric Sprotts (https://sprott.com) who could help get Cyclone up and running. With all that's happened, or not happened with Galalar, you would think management would realise their mistakes and try and rectify them. I've shed 25% of my holdings with Diatreme in the past 6mths, a little over 8mil shares, because of this debacle in getting a clear pathway of getting our product to market. The main reason the share price is where it is , is because the company pulled the MLA for the barge ramp (for the amount of money wasted on studies and permitting, I personally would of left the MLA run it's course and see what the Minister said), a little to do with the newspaper article and silica isn't getting a good rap at present. Not that silicosis has anything to do with us, people still see it as silica. I feel if they start setting up and mining Cyclone, the share price will start to move quite rapidly. I'm really starting to believe this has turned into a lifestyle company. The funds will keep getting milked on salaries, travel and lunches for the next few years or until the CEO retires. My opinion only. Have a good weekend mate, and GLTA.
 
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