Post by
SStoktikk on Sep 10, 2019 3:16pm
Ok , results
mining grade reserves, I guess these guys are lacking visible growth strategy, I called them and asked about expansion at current mine and potential new one , South American exploration.The person I talked seemed evasive, two days later the stock drops 15 % and a large block is crossed, not impressed, haven’t seen it show up as a short move, I wouldn’t discount it, timing was good for it though as gold dropped 60 bucks, been averaging in at these prices, should get a decent rebound when gold continues its run back up after a rest.
Comment by
nkob1974 on Sep 20, 2019 6:27am
From the updated investor presentation on their site, they mention 2 options for the south american asset, or they will sell it, or they are looking for a joint venture.