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15:02
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Originally posted by iminvestor101:
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I don’t see how this can reach a higher valuation given all the information at present. Tbh I’m pretty shocked it’s worth as much as it is but perhaps, IMO conspiracy theory, the price was driven up to secure a nice salary for Popal? I mean, does the guy even have any experience in mine development? You’d think he has given his recent salary upgrade, which essentially didn’t have any type of strict vetting through the remuneration committee. I haven’t done meticulous research on the acquisition but it seems that’s really the only thing driving up the SP? I just don’t see how any of the management team will be able to bring any of their projects to fruition. Talks about this being worth billions is ludicrous given that management has zero experience turning anything into a billion dollar asset. Happy to be proved wrong though?
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Your comment on the pit shows you have done zero research. "Inundated with water" lol. It's designed to be filled and emptied to prevent snow and ice buildup in winter.
(20min delay)