Yes @ poodleface - 28.5 million mkt cap to be exact and an absolute history share price low since listing so forget 52 week lows... with $5.5 million or 44% holding in Valkea resources ... Now sits along side with similar mkt cap stocks such as GAL and FAL so you would think that it is close to bottoming... Agnico hearing for the 10 year expansion at Fosterville completes next Friday 13th then they (Vic Govt) have 40 days (usually 30 but add 10 as over Christmas break) to either approve or disapprove of the mine expansion and to advise of the necessary conditions that Agnico need to meet to allow it to happen if approved.... IMO it will be approved with conditions as a lot of employment and other business rely on the mine for business and they donate a lot to the community. There is a lot of unhappy landholders down there with Seismic activity from underground blasting etc so land access is difficult at present, FAL having similar problems, but I'm sure MB will sort it out amicably. If Agnico get expansion approval and meet the conditions you would think those underground extensions would be starting to extend into S2R block so could be game on once approval granted on the 22nd Jan 25 at the latest ... But really this was tainted as one of the best blocks in Australia so you would think by now another suitor would have given it a go like GOR or NST but here we sit at record lows???
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