Doug,
I know what the company is up to, and sadly, I care little here. If they had any prodution at all, they could have the stock price well above investors buy point with even the slightest inkling of communicative ability. Historically, palladium has traded at less than 1/4 the price of platinum. Rhodium fluctuates, but has historic values above both. Both palladium, platinum, and rhodium have reached ludicrous values in the markets and are currently declining, but is this missed opportunity for a company which has touted extreme values in these metals. Many stockholders have lost faith with the company, and the "metal is on the table" discussion if a few years ago has not materialized as has any prediction from this company. Wonder how Sonny Lamont feels right now?
He took mostly stock for his sale of the Oro Grande to the Company. I believe that there is also an outstanding debt to him. Gave up his home and his property to this company?
Anyone remember the investor who mostly funded the Oro Grande purchase?
Anyone remember the Belgians!
Anyone remember Mike from Canada!
Anyone remember any other reason or excuse for non production.
Me, I remember them all!!
Wishing to forget all this crap, Jack!!
Produce or Die, Jensen!! |
