An extract from the news release dated October 10th 2018 that annoucned the arrival of Gerald Panneton as President, CEO and Director of Prophecy Development Corp (PCY.to):
Mr. Panneton commented that: “I am very excited to join the Prophecy
team to work on the Gibellini vanadium project in Nevada. The Gibellini
project represents an excellent opportunity to be developed in the very
near future, as it stands to be a low-cost producer due to its very low
strip ratio, and a low-cost heap leach operation in the mining friendly
state of Nevada. I envision the Gibellini open pit project to have an
excellent chance of expanding its resource base, in much the same way
that I lead Detour Gold in exploring, financing and developing the
Detour Lake project to become Canada’s top gold mine with an annual gold
production in excess of 500,000 oz today.”
Cut to the NR of today and…
VANCOUVER, BC / ACCESSWIRE / February 19, 2019 / Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N)
today announced that Gerald Panneton has resigned as the President
& Chief Executive Officer and as a director of the Company effective
February 15, 2019. The Company thanks Gerald for his service and wishes
him the best in his future endeavours.
John Lee, Chairman and former Chief Executive Officer of the Company,
has been appointed to serve as Interim President & Chief Executive
Officer.
About Prophecy
Just 129 days from excitement to exit door…love is a fickle thing. Nothing at all to do with this, though: