Yes exactly. They claim to have a resource that is environmentally friendly and shallow ISR. They also said they were drilling first quarter of 2023. They also claim interest in the sand they have over 15 months ago. But nothing. They then put new ceo in who earns 250k from cxu funds and hasn't delivered anything. Almost like they want it go down for shareholders. Very disappointing company after watching it for so long. Is why I'm staying away from investing until they sell it down some more. Also they big detour for backwoods after hitting 20+g/t they then get rid of it saying focusing on sand and uranium yet nothing has been done apart from a webinar. Seems like they are not interested in building shareholder value at all. If so they wouldn't be putting in a ceo who earns 250k per year when the company is worth only 5million with a 2 billion dollar ISR resource.
Cant understand the logic behind the management in the past 5 years.
CXU Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
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