Mar. 31 at 2:58 PM
$SDRC Overhead radiometric survey is done (great but not reported well by mining contractor, not by registered geologist/ independent third party), now drilling, MRE, PEA are all projected (promising), but meanwhile they are digging underground like it’s some episode of Gold Rush on the History Channel. Entertaining but capital destructive and risky. Very little lines up with what you would expect from a public company supposed to derisk on behalf of investors. Company should prioritize quality and sound data/reporting, SEC type standards or Ni 43-101 compliance over management compensation and non-core initiatives. They absolutely should have spun off their technology division a long time ago. I think they will continue to rely on private stock transactions to fund operations - even well after they begin logging what seem to be highly anticipated revenues.