100% spot on, XTC managements job is to build the company up by sticking to the plan and path laid out by themself and sold to SH / investors such as Land acquisition, drilling, proven up recourses then planning for extraction and production into sales! It is 100% the BOD responsibility to drive and deliver on what they have set out to do, to blame LKE for XTC’s demise is a complete cop out and to hitch your success to another companies success is just plain stupid because you have no control over what direction they take! It is clear now that the BOD don’t have a plan B and due to actually selling the dream and using LKEs success they where hoping to ride this into the sunset but instead it’s taken a dive into the ground! Had they actually delivered on maybe spending some of the money on drilling then we would not be where we are today …absolutely nowhere….. you have to admit there is something fishy going on…you have all these locals on the BOD with closes political ties but can not get a single drilling permit while next LKE just seem to drill at will? And the one sample you do manage to get from a already drilled hole is corrupted and unusable…..something is really off with this whole act? Why else do you think they are scrambling for new land acquisition and have changed the narrative and plan!
Again I could be completely wrong and some will say I being negative but Im just looking at the clues that they are throwing out there!!,
I do really hope everyone on here gets their money back…good luck!
XTC Price at posting:
0.1¢ Sentiment: Sell Disclosure: Held