GREY:NDXFF - Post by User
Comment by
staolinon Mar 05, 2012 1:05pm
153 Views
Post# 19627767
RE: someone at PI buying in!
RE: someone at PI buying in! Well the fact they pushed the Rex mine full production projection to end Q3 is one reason. Also the washplant permit at Rex is being held up.
The MD&A indicates that the washplant had yet to have the addition for the recovery of fines. The fines are being stockpiled until the upgrades to the plant are in place.
They are small things only but when you have to expand your timeframe for significant action to 6 months instead of 3 months it affects how some people allocate their trade cash. Some stocks are taking ridiculous swings in a matter of a month while this thing could stagnate for 6 month.