I don’t think that Lifefree is downramping. To me, it seems that...

I don’t think that Lifefree is downramping. To me, it seems that he’s simply sharing his sincerely held beliefs about AZL’s development prospects. I haven’t done a comprehensive review of his posts, but I believe that the gist of his comments are (1) that approval for the next phase of exploration is likely to be granted and (2) that litigation will likely follow upon the approval and that the issue will therefore be stuck for some time while that is resolved.

All of that seems reasonable to me. It is my impression that Lifefree knows quite bit about Arizona land use and water issues and federal environmental law. It’s not totally clear to me what Lifefree’s intent is here, other than to share his opinions on the company’s prospects objectively. I agree that it’s a little strange if he’s not a holder, but it’s not like he’s spewing nonsense either. Don’t shoot the messenger!