RE: Lassonde Curve9 Nov 2023 09:28
“ Companies Staying front and center -
Companies know that investors can move elsewhere at any time, so they will try to address the Stage 2 and Stage 3 doldrums in different ways. They can:
Find new exploration prospects elsewhere while the engineering work is underway.
Undertake a series of optimization studies on the same project to keep up the news flow.
Continue step out drilling on the same property to expand resources and generate new excitement.
Have management appear regularly on podcasts, webinars, conferences, and keep promoting on LinkedIn, Twitter, and with newsletter writers.
Ideally one would like to stagger multiple prospects at different stages of the Curve. While this makes sense, it also takes a fair bit of funding to do it. It also may bring criticism that the company is losing focus on their flagship project. Generally if the stock price is improving, you don’t see this complaint.”