I think the scariest part is (and correct me if im wrong) but the company doesn't actually even own the resource.... they are only in an agreement with the land owners to conduct the mining operation and pay them royalties (that may need third party fact checking as thats my recollection only). IMO the only thing holding the price up at the moment is the fact I suspect a CR will be comming therefore motivations will exist to keep the price up a bit. I'm not sure the current business entity as it exists justifies the current MC.
But will see where this goes... I'll keep my now reduced holding and see where this goes long term.
ABR Price at posting:
$1.51 Sentiment: Hold Disclosure: Held
