Hell Moot.
Many people who came to this thread have told their worries about Kazakhstan, junior companies and their experiences, while Steppe being in the middle of all of that.
Our acceptance of this "syndrome" was uncomfortable at the times, but generally myself I was always explaining lack of performance by its presence, enjoying my cleverness of seeing beyond it, envision myself in profitable future.
By all means Steppe is a junior exploration company. You have done an excellent work to take the K wrapping out of it, showing junior "bones".
In this format Steppe is very common, non performing, potentially largely diluted stock with no cash backbone.
Our thread conversations, our hopes are like hundred others; beseech for blue sky drilling results, joint ventures with major, bringing accomplishment which will make it profitable.
The "junior" has never left this body.
All of us should not have been surprised by these facts.
The scent that we were attracted by, was not this very regular stench of yet another ticker on VSE but the smell of steppe's grasses, the air,the vast land, mineral resources of extreme sizes, yet left untapped, unexplored and just waiting to be discovered.
Their potential for success in my mind was greater than team of geologists, walking all over themselves in Voisey's Bay, Andes, jungles of Kalimantan, staking parcels in Zacatekas,being there always after someone made the discovery, following the crowd of others who were ahead of them.
After 10 months I have also grown tired of my own polemics on politics, characteristics of one company against another, someone's success being a failure of another. Company I have chosen became a company of no name, being always in the party of others, looked through glasses of those who has done it, got burned and ran.
Nevertheless I never forgot that I invested in junior, vulnerable to market swings, market who does follow the games of brokers, speculators and geologists from paragraph above.
Furthermore I was losing patience when the record was played over and over, hearing of Kazakhstan's investment haven versus the rocky ways of experience by KGFC,CGZ and WWS players. I wish John talked more about Steppe than Kazakhstan, stop to promote area and stop trying to convince the unwilling.
Whether or not, it would be a mistake to think that Kazakhstan syndrome was out of Steppe and become a non issue. I think that day is coming, but it is not here yet.
I can see that day to be the day of their first sale of gold at London spot, the day of Mizek being mined as any other mining operation in world.
The path to get there is very tough. Let's not forget this the ....yes, a junior. Junior who has to deliver its promise of Mizek, bring the financial support to the country which average person can't locate on the map. Company who must build own bridges to success, as ones built have been blown to pieces by others.
Tango wrote that tape tells the story. I admit she is very right.
It tells the story of this very tough path.
If Steppe won't get financed, this will be the only story we came to know, story of junior exploration company.
If they will and Kazakhstan will be become only the name of the country they operate, the balance sheet will do the talking. When Steppe will get its name back and individual status, the tough path and the story being told by the tape at this time will be only a chapter in the book about this miner.
Regards
Robert |
