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clock Created with Sketch. 09/12/20
16:13
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Originally posted by insaf:
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How a stock trades vs reality can have significant divergence. Most explorers will not produce as there are a series of steps that need to be fulfilled prior to the eventual realization. However the first step is to identify gold - does this reach an economically viable mine, will it be allowed to mine etc are all questions to be answered later. By default, I agree chances in general are low. However mtc has been successful early in the drilling campaign which is significant. Now the next step is to prove up. Id take this than the many other gold stocks that have not even got viable grades and strikes.
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Then what? Raise 300m to build a plant on Slovenia? Is that the plan? Fast forward 6-12 months, tell me a story that I can believe is possible.
(20min delay)