6/8/2011 9:19:59 AM | | 83 reads | Post #29825878
To Management of CCE
Dear Sirs,
I wonder, if I should get in contact with you this way. But the recent developments are so inspiring (sarcasm) that I decided, to explain myself a bit more. Additionally, your communication is lacking something in the last months. And, I want to make this class clear: my intention is not primarily, to get you in self-defense, I want answers.
By watching the AGM and this last PP, one could think, the only thing you seem to have in mind at the moment is the short term financing of your own expenses, respectively the running cost of management. And: to whom went the 2 Million warrants for finding the new money? O.K., you will invest in drilling, pay the bills therefore, but where is the outcome? What do you have to show concerning performance in the last say 6 months? What? The percentage of institutional investors is only 2-3 %. If not, please correct me.
For some reason, you are not interested in keeping your private shareholders well informed; your doings are no longer observable via your website etc. This is fact. Some pictures, published via Twitter or on youtube you can keep.
There is something missing: I don’t know at all, how the whole mission to avoid bloody tantalum is going. Nobody informs about the necessary test to proof the origins, and it’s funding. If some comments occur concerning this matter, you get annoyed and very religious, speaking from angels and the devil. I want a statement from management, how CCE stands, and what has to be done.
The story with AMEC is not plausible, despite what you are constantly telling us. In nearly 16 weeks we will have the fall again, and are still not further than before. In contrary: we go backwards. You can’t keep up with your announcements once more. Only one day to go. And I doubt, there will be a news release. You seem to have no internal project management; maybe you don’t know how to do it. If you need, get expertise on board. One recommendation would possibly be, not to mix the staff of 3 companies. At the end of the day, nobody feels responsible and nothing is been done.
There is no information about the separation of the REE’s. There must be scientific presentations of your Canadian community about it. This is the main point after a successful find. I still can’t see, for what reason you have Mr. Hoppe and Mr. Graham on board. I never heard them speak. Why not state a list of scientific papers on the website, discussing related problems? Maybe they could blog?
For a mine, supposed to be the best on the planet, this performance is a disaster. It has to change!