Howdy,
In recent videos Sam has mentioned that people compliment us on our exploration approach and it mirrors how a large cap producer approach exploration.
Large cap companies might puke out $100m is free cash flow per annum and can afford to allocate $10m a year on slow, steady and low-key exploration as a side gig.
Slow, steady and low-key is death to a spec stock just like garlic is to a vampire.
AAM isn't Oceana Gold, Hello.
Every time we raise capital the spec investor gets diluted and B2 Gold just keep buying more of the company.
This is a transfer of ownership from people who wont/can’t maintain their position over 5 years to people who can.
There is zero sense of urgency.
This time last year there were some Warren Buffet quotes being thrown around before the capital raise.
Youtube “Matador Mining (ASX.MZZ) Webinar” from 11 months ago and watch from 8:00m onwards.
Warren Buffet wouldn't be caught dead around a stock like this and those quotes have no place in what we do and should never have been said.
In saying that, here's a Charlie Munger quote for you: "Show me the incentive and I will show you the outcome".
I'll just leave this here again:
Get your mittens out punters, because if we don't hit at Malachite then it's going to be a long and cold winter.
8:00m onwards:
Howdy,In recent videos Sam has mentioned that people compliment...
Add to My Watchlist
What is My Watchlist?
