ZNC zenith minerals limited

Ann: More Pegmatites Encountered at Split Rocks, page-4

  1. 1,985 Posts.
    lightbulb Created with Sketch. 277
    i agree with you,
    there was a Rosy picture getting painted back then until it went tits up
    i did not take any profits too am still a long term believer in these projects.
    however the management turnaround was high and i got sick of it.
    they set targets, and none of them was reached.
    i mean ffs why cant they just get on with the job.
    they are killing time, and time is money they need to be faster at what they do.
    andrew is spending time on social media, its not what i want
    go drill get me results and then you will see investors moving in provided you deliver decent hits.
    look at LRS they managed to get a take over bid from PLS at the bottom of lithium price cycle
    a 500m dollar bid is not bad at all for LT holders.
    what is this management doing is getting me frustrated.
    they dnt anticipate ?
    lets put it that way
    if the price of lithium recovers in 2 years, why dnt you start drilling and expanding your resources now.
    you will be ready and your projects will be up for grab when the new lithium frenzy starts
    if you need a cap raise so be it. but drill something.
    you want preserve cash and wait for projects to be divested i get it. but that makes things worse. why?
    because you need to wait to get the money from the other explorer and you need to wait to organise your drilling , drill results and assays
    that's called double jeopardy...
    the share price is reflecting management performance currently not the lithium bear market we in
    thas my take




 
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Last
3.1¢
Change
-0.008(20.5%)
Mkt cap ! $12.63M
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3.4¢ 56893 1
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