GREY:CATXF - Post by User
Comment by
tire9on Mar 29, 2011 10:38am
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Post# 18354983
RE: CCY potential
RE: CCY potentialI think a mine complex that is going ahead with a capex of over $1 B is so huge it takes time to set up the project. If there is a profitable oxide layer or underground startup deposit or even a smaller sweet spot pit this makes for good promotion and possibly less stock dilution on financing. Infrastructure is a big thing.
Check CUM, XRC, AND NCU for timelines on production.
Stock usually stays in the "doldrums" around the bankable studies.
CCY is a good choice IMO.