In his hostile takeover of Sierra Rutile which has been described by company as UNSOLICITED, US Mining Mafia, Craig Dean has painted Sierra Leone and in extension the government of Sierra Leone in a bad light.
In a document dated 10 of March and titled, PRM Services LLC: On Market Take Over Offer for Sierra Rutile Sierra Limited, Craig Dean states that PRM believes that the offer represents attractive value to SRX Shareholders particularly given the current risk and uncertainties associated with remaining a SRX shareholder in the face of prevailing risks including sovereign, political and operational risk associating with operating in Sierra Leone.
This particular statement has got many people confusing that someone who has his company operating in Sierra Leone since 2021 is painting Sierra Leone in bad light for which he has made money.
They described his statement as hypocrisy by a man who has been milking Sierra Leone through its high quality iron-ore deposit while others believed that such statement show a desperate man who wants to take over Sierra Rutile at all cost.
Other also cautioned Government to be careful with such an investor whose only purpose for coming into Sierra Leone is to milk the country dry.
PRM Services LLC is a company registered in the Commonwealth Republic of Puerto Rico for which the Director and CEO is Craig Dean who is also the CEO of Marampa Mines, a subsidiary of Gerald Group.