Mining lease, page-3

The mining lease is great. Obviously, given today’s underwhelming reaction, people won’t be excited until ore is coming out of the ground, predominantly because we don’t have a lot of confidence in management. Trying to be optimistic, I hope they really pick up their game and prove us all wrong. I knew the Gekko was modular but I was of the impression they needed more to be able to even start processing; as per today’s announcement, the additional modules only add scale, and they can process ore immediately. I am REALLY looking forward to their announcement regarding their plan moving forward. I can’t fathom how something wasn’t prepared along with today’s announcement. They’ve had more than enough time to consider their game plan, then several days to put something on paper.

People are going to bag the S out of CLZ, as has become somewhat expected, but you know these people are just going to jump back on at the first sign of movement. I know you’ve all been patient, but letting go now means it was all for nothing. Some would love you to let go now, so they can get back in cheap, and only have to wait months, not years, for (worthwhile) progress. There is a much greater potential for an improved position now the lease is active. How fast and how much more screwing occurs along the way is up to those calling the shots.