GREY:ABGPF - Post by User
Post by
fsamfordon Jan 03, 2018 10:18am
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Post# 27270099
Questions
Questions I got into this stock as a speculation starting in 2014. While I tried to be realistic, along the way I probably drank some of the Koolaid. Part of my problem was that I am originally from Alabama, visited the mine, met and talked to Don and Jesse, and know something about Alabama's attitude towards business and mining. I was hoping that the stock would be worth half as much as what was implied by the PEA. As a result, I own more shares than I intended at an average price of $.13 a share, U.S. When the deal with WWR was announced promising me about $.08-$.09 U.S., in WWR stock, I thought I was being shafted. Now, I would like to make a more informed judgment. My questions mainly concern the PEA.
Is it realistic in terms of its assumptions?
If not, how should the assumptions have been revised?
Have things gotten better since late 2015, or worse, and in what ways?
Since some people on this Board have actually had mining and engineering experience and have worked through the PEA in an informed way, maybe you have some answers.