Hi Unc,
Why buying? I am just a contrarian investor... August production??? I don't thing will be that flash, probably below 500oz, unfortunately... However, there is a silver bullet that may trigger a solution for our problems, which is the "Tailing" in our backyard. Results of the first batch sent to the third party plant will probably be return in next few weeks, and the recovery rate and grades could be the key to unlock some value to the Company...
I did some odd calculations in the tailings @ 9g/t , and the result will give the company enough capital to develop 2 or 3 mines and still some money left over... Now the beauty of all this... In the tailing, there is some material with grades higher than 9g!!!!
Now the question??? How quickly can we get this tailing over... I hope as soon they get the results!!! We will need quick as possible.
This is just my opinion only and please DYOR.
Bid.Rod
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