GREY:MLKKF - Post by User
Post by
bjorn3d2bon Jun 26, 2008 9:13pm
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Post# 15235437
AGM
AGMGood News Mercator Shareholders
Your Management is on track with everything they promised
The new processing facility is state of the art, construction schedule is on time, costs have been meticulously guarded and full production for this expansion will begin in September and the cash flow will kick in. To bring this all to be for $127 million is nothing less than remarkable. The bonus folks is that phase two is already well underway and will likely come on stream ahead of schedule and under budget..... AWESOME
But there are more very nice surprises yet to come, not yet understood by the market. We are vastly undervalued for this advanced stage of development let alone the extended mine life that is a coming, new property near the mine that they will be exploring and oh yes, the unbelievable ROI that will be divulged as this very shrewd management continues to save vast amounts of money during the construction.
Folks, this is the time if you are building a position to BUY on any weakness. With a NAV that is now likely above $30 and an EPS in 09 of over $3
Just Buy..... You have a real solid team and a very impressive mine..GTLA