I am keeping all of my shares (1.7m) and I have faith in the Management Team and their ability to find and develop new projects. I dont believe the board will need to spend as much as the feasibility study suggests for stage 1. So they can pay back the loan for the mine start up more quickly and then they have a cash cow to fund the silver projects. Maybe you are right they could possible sell out the Cerro Del Gallo the same way they did ocampo, but it would have to be for 200 million plus in my opinion. Getting a decision from Goldcorp will really help. I totally agree they like to have 100% control and I am hoping that if Goldcorp confirm they dont want to be involved that the finance can be sorted by the end of this calendar year. Then we might all start thinking we should have bought more shares at 8 cents.
CJO Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
