Scared thinking21 Feb 2021 13:44
A lot of you guys are thinking scared. That's understandable given the delays and not much to talk about in the interim. However, I think some are missing the fact none of these scenarios are likely to happen. The fact MATD is small and doesn't have a lot of money is not new. They've done the work and they've found the oil. I would be looking more at scenarios where favorable Mongolian bank loan terms were involved or a JV deal being already in place when the EL gets resolved. Not the scared way of thinking that's dominating the board at the moment. Mike Buck has over 8 million shares. Do you really think he's just taking a ho hum attitude towards all of this? I'm willing to bet (and have with a sizable position) that there's more going on behind the scenes in a positive manner than some think. Just my speculation. Good luck to all LTH.