at the moment there is a sale for 1m shares at 51c.
sales would prob be due to lack of news from management. a different management comms style could result in informed trades rather than trades that are the product of a lack of news. Big Daniel is the current Triton comms strategy. they should be paying him something.
a good comms strategy would involve proving a timeline and when a date has passed proving an update. we all get they management are waiting for finance approval, but that does not mean they cannot provide updates on the timeframes that they outlined which have passed weeks ago. was it early May that Peter suggest there would be finance is a few weeks? and he has doubled down on same message twice since....and in all cases the dates have passed with about a month of silence.
I am skeptical whether current team has the personal/comms skills to do the bigger mining job once financed is approved. probable will be good at the project management side, but maybe a good opportunity for Peter to move across to COO role and to bring in a CEO with stronger skill set. could be a good apprenticeship for Peter that could help him long term personal development too.
TON Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
