Time will tell
posted on
May 05, 2014 06:43PM
Look if you want out, sell. Most people pick up tidbits of information and seldom look a borehole logs are what other companies have been taken over for or sold and for what Value. Very little input even by so-called financial folks why ? well .....usually following 100 + stocks at any given time. Narrow attention span.
It is kind of stinky that Scotia...can't back what they say. Unfortunately, it's an opinion...nothing more than that. The fact that they use a reputable bank as the "backer" for this report...is troublesome.
Lawsuit = doubtful
Recovery = maybe
Buyout = seems probable
Resource = 6 proven-8 million ounces plus another 2-3 in probable
Feasibility = we'll see later in the year
Infill Drilling = Grade improvement
Financing = hopefully @ 3-4 bucks (another 60 million in the bank)
43-101 = end of may
Monetizing the Chromite = doubtful...you never no
Getting over 10 million ounces = priceless
Market Investigation = years away if ever.....remember this is the government
Just a few random thoughts...we' sit below 3 for a while i think.
All the best