I’m giving management the Benefit of the doubt, anyone who has been in either lithium or Cobalt the past few years are bleeding really badly (I’m feeling for them)... bear markets always make management look terrible... I don’t blame the management for not wanting to accelerate their lithium deposit with massive expenditure while the commodity was tanking... If they Persisted with lithium the company would be in a very dire situation now... one might even say in light of lithium going south... they took appropriate action and switched commodities, gold has been in a bull market since 2015... and now with unprecedented money printing gold will continue to rise... since they signed and option to Aquire the project in nov last year... gold has moved from US$1450 to around US$1750 per ounce....
I’m not saying the management is perfect, however this gold project in solid... the previous owners spent a lot of money, and did all the hard work getting the current mining permit in place (we simply reapplied) ... Slovakia is also feeling it with covid 19... getting Other permits should be quicker and easier then in the past...
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