This stock is going to join ANY other stock that heads north in a hurry if Gold does "it's thing".
If it shows to be profitable, more so than even where it is now, then there is no logical reason why the capital raising to build the mine is going to be a major issue.
If they are raising money now to buy land titles they must be pretty certain they are going to:
(a) Get a mining and Industrial permit (b) Be able to mine the gold.
As they say a + b = c.
With c = a profitable mine with enormous exploration upside.
If you read how these guys have gone about this it is slowly but surely - but backed by a success record at Plutonic.
Mind you they only managed a 20+ bagger with them ($45 million to $1 billion at takeover).
If gold goes to the moon...or even JUST a couple of thousand, how many bags does that equal?
Anyway best to do your own research and come to your own conclusions.
All I know is they HAVE gold and intend to MINE it. The rest is just what needs to be done to fill in the time between now and then.
ATV Price at posting:
13.4¢ Sentiment: Buy Disclosure: Held
