General Message/Comments - Summary
Welcome
Raj Chowdhry, the CEO and Executive Chairman stated "Firstly it's my pleasure as always to provide this message to you, our Company's shareholders and investors. Your instrumental support is appreciated by the Company and me personally. This General Message/Comments - Summary section providedes you for a "Quick & Concise Summary" to quickly keep you abreast of the Company's progress which is followed by a detailed summary of individual projects."
Quick & Concise Summary
"The Company remains focused in the Mining sector. The Company's 100% owned Gnome project ("Gnome Project" - Zinc & Cobalt), in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits, is located in a world-class mining district in Canada, one of the safest and mining friendly jurisdictions in the world.
The Company remains focused on the advancement of its Gnome (Zinc/Cobalt) project as it awaits the granting of exploration permits for its applied for Thazi (Lithium) project in Myanmar; delayed due to the Covid shut-downs." stated Raj Chowdhry.
Closing Remarks
Raj Chowdhry stated "As you are aware, the Company's whole team is focused on delivering shareholder value to all shareholders of the Company. I not only serve the Company, the Company's team, each of the shareholders of the Company, and each community and country where the Company conducts business; I get to do it as a significant shareholder. I thank you and continue to seek your support as the Company having forward thinking creates and delivers results and value."
"As mentioned in my opening remarks, this brings the Quick & Concise Summary, being the first section to a close. For further details on each project the Company is currently engaged in and/or reviewing please read the second section marked Detailed Discussion for each Project, provided below. Once again, I and the Company thank you for your continued support, and I look forward to providing you the next message from the CEO." stated Raj Chowdhry.
Detailed Discussion For Each Project
Mining - Sector/Division
Raj Chowdhry, Chief Executive Officer & Chairman of the Board stated, "The Gnome Cobalt/Zinc project is located within highly prospective geological area in Canada, one of the safest and mining friendly jurisdictions in the world, and especially where other world-class projects are currently being advanced by notable well-known and well-funded companies' who are likely to continue to upgrade the infrastructure and the access in the area to allow for production, thereby continually reducing the exploration and access costs. Pursuant to the Company's business plan, the project was acquired upon the completion of a previous extensive review of upcoming future global demand for various types of metals when metal prices were unfavorable and/or depressed, especially for Cobalt, Zinc., at what management believes to be exceptionally low prices, representing "cents on the dollar for exploration work previously already conducted"; and without significant dilution to shareholders. The Company having performed exploration work on the project has based on the work performed has adjusted its clsim holdings and will perform additional work directed by market conditions and progress of neighboring projects."
"Further, the Company’s entry into Myanmar with the pursuit for the Thazi project (News Release - Feb 11, 2019), a country having both China and India as neighbors (combined population of almost three billion people) who likely represent the largest buyers of Gold, Copper and Zinc, and users of batteries in the world, is a significant move. Myanmar being endowed with impressive geology will allow the Company, now having commenced operation in the country successfully, to also pursue other assets, including gold, silver and copper assets. With all major mining companies having ceased operations in Myanmar back in 1997, due to prevailing sanctions at that time and with Myanmar after two decades now re-opening its doors with no sanctions, we look forward to capitalizing on the timely first mover advantage while adding and contributing to the growth of the country and its people. The Company expects to receive the granting of the Thazi Lithium Claims within the next quarter." stated Raj Chowdhry.
** NOTE: (Click Here To Read Full Disclaimer - Covering All Content & Statements Above)