Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Delays, delays and more delays. The amount of times the word “hopefully” is used in that interview is a familiar message for many years. I’ve been in Sound since 2011 now and what a s**t show it’s been. If it’s taking this long to get phase 1 completed imagine how long it’s going to take to get phase 2 over the line. If things don’t get going this year we will either be diluted beyond anything meaningful or bankrupt.
ps your post at 12-22 is spot on. I’m a LTH since 2011 100k down with a 30p average.The only way I can see even getting half my money back is by getting the phase 2 pipeline up and running. I cannot see how exploration is going to happen, the best we can hope for is the proper exploitation of the te5 Horst. This is at least 5 yrs away and sad to say probably much longer.
Been in this share from the beginning, I’ve averaged down for the last 6 months after investing a lot when it was 16p, and for the first time I’m finally in profit....unfortunately I can’t say the same for my Sound energy investment....
Thanks Albus, your right in what you say. It’s amazing how quickly the memory fades in regard to what was said back then. I put 100 k of my hard earned money into Sound and like many I got carried away with the hype. What realistically can we hope for now? Is there any hope or will sound limp along until it finally fizzles out?
Crude, I’m ****ed off that we never got to drill the 3rd well in Anoule licence area. The siesmic showed the gas bearing rock formations were shallower and much less compacted and therefore might have been more porous. Unfortunately we will probably never know what might have been. We were promised a 3 well program and I can’t help feeling we were seriously let down on that.....
As many of you know I’ve been invested in this company for over 10yrs now. I thought things couldn’t get any worse a year ago. How wrong I was. When are the board going to do something positive, every day the SP just drifts downwards. At this rate if any raise happens we will be diluted out of existence!
Brian Mitchner
3 x failed wells Te8, Te9,Te10
He said ‘Badile was the best structure he’d ever seen’ on the siesmic and that Failed!
He persuaded James to carry out a partial 2D seismic over areas of Tendrara that took well over a year to complete and we gave away a big % of our equity for it. The SP was hung out to dry waiting for that seismic to get finished and made no difference to the drilling success in the end.
I certainly won’t be shedding a tear on his departure...
Ps200306, with the greatest respect every day fez receives a reply is a day longer he will keep posting. I filtered him as soon as I realised he was the same guy that got banned from the Facebook page. If you respond to him you are just feeding the fire. The annoying thing for me is I have to wade through the dozens of replies to him on hear to find informative, relevant and thought provoking posts like the ones from Exploration. If everyone filtered him he would disappear along with his imaginary brother and infest other companies bb’s instead.