PLV 0.00% 1.2¢ pluton resources limited

pete11, I truly hope so, but the fact is this stock requires...

  1. 1,600 Posts.
    pete11,

    I truly hope so, but the fact is this stock requires some serious derisking before it flies. Money from Timeone would have been a step towards less risk. Some assurance that Timeone are actually a professional and trustworthy partner would also have helped. Neither of those happened today. Everyone knows that the mine life is 20+ yrs already. No big news, just makes it official. Reduction in capex from coarse grinding wasn't huge and we're still dependent on Timeone getting us a "deal" on beneficiation plant gear to lower it any further. As far as the market is concerned, Timeone may be all talk, no substance. Timeone need to pony up the cash and get their game on before we'll see any big movements. Of course, now that I've actually written that and sealed it in the HC time capsule, Murphy's Law will kick in and I'll be prove wrong. So tomorrow, we should see $1+! :-P
 
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