Soxan
Thank You.
What we are experiencing here is a power play, pure and simple. Those that have a financial interest in J/L are spreading lies and false rumors in order to gain control. The owners of J/L are the same people, I suspect, that were supposed to be negotiating in our best interests against J/L, while they were secretly part owners of the process! I fear that is the same deal that was supposed to give away 1/3 of the company to the owners of that process. I further suspect that they negotiated against themselves and gave theselves 1/3 of the company! This is who you are going to trust as a savior? This is who you are going to take counsel from?
Measure that against current mgmt. They are trying to do this in a coventional method with a rigorous series of checks and balances. They are trying to do this openly and in public and enlisting the aid of firms that are spotless in their reputation(CPM, LeDoux, Rocky mtn, etc) Who appears to be above board and who appears to not be?
As I have said, there are three people on this thread who spoke to Jeffrey Christian of CPM personally (myself, Larry, and Neal) I can guarantee you that the opinion of insitutional investors is that conventional is the only way to go. Without it, they will not be involved.
It would be different if J/L was a proven commodity. It is a long way from that. So far, there is no report. Also let's wait and see if the report is done on COC ore, and in certified labs. If not, it is not viable as proof of anything. We all remember how the street treats information that doesn't meet those criteria.
I have no problem with J/L as a process. As long as it is not the focus and not billed as the savior. We have been down that path before.
Mark |
