RE: Here is the unimpressive CEO Scott Kaintz25 Aug 2020 23:25
I recall the time when Regency mines (now Corcel) wanted to bring greater attention to their Mambare nickel exploration asset. So they invested £400,000 in a Tesla car rental company called White car.
A few months previously Scott Kaintz had rented one of their cars for the day and then he gave a praising review on a website. So it was obviously his idea for Regency mines to invest £400,000 in this car rental company.
Most companies try to bring attention to an asset by doing exploration on it. Scott Kaintz and former chairman Andrew Bell combined brain power decided the best way to bring attention to Mambare was to invest in a car rental company.
Of course it goes without saying it was a disastrous £400,000 investment by Regency mines because the car rental company quickly went bust.
....
I look at a company like Horizonte minerals (HZM) they are relentlessly advancing their nickel projects. No excuses no sob stories about past downturns, they just relentlessly progress their projects. Big financial institutions take them serious and financially back them to bring their nickel projects to eventual production.
Then we come to joke companies like this one. Constantly flitting from one disastrous project to the next. Constant excuses. They last did any serious exploration at their nickel Mambare exploration asset around 2011-2012. Of course leaching directors. They are an utter joke of a company. And this price rise these past month or so is not based on the company doing well but because some ramper on twitter said he'd bite of his mini chopper if it didn't significantly rise by September. It's pathetic!