It is because the figure you have quoted are pies in the blue sky. And poeple more knowledgeable than us, knows that. If they knew that it was good, do you think they would wait by the sideline while the stock is only worth a few pennies?? Do you think they would wait till the stock reach the $$ mark.?? Yeah, dream on.
Our MC is not that much, and for some companies, that only amounts to pocket money.
How much do you think a processing plant, plus all the necessary equipment, dump trucks, excavators etc, is going to cost, before we even start mining??? It seems that you have forgotten that part of the equation.
I agree with what someone wrote on these threads. And that is, that they will sell it to someone else, if they can find one. Because, if they find someone, they would have to be close by to be able to process the resource. If they have to start a new mining complex, IMHO they will just look the other way.
Buddy
AAR Price at posting:
35.0¢ Sentiment: None Disclosure: Held
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