OTCPK:NORZF - Post by User
Post by
bilarooon Aug 03, 2021 3:49pm
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Post# 33643360
2nd Q results in 2 weeks
2nd Q results in 2 weeksIt’s disgraceful that the company (IR) will not answer emails and rarely answers the phone.
Presumably we will get an update by mid month when the Q2 results are posted?
That is the minimum requirement. Chances are slim we will get much more than that.
I see little reason to expect the share price will go on a run up unless their stated strategic initiative to increase the resource by 50% is achieved and financing is in place.
So surface and underground drilling must be completed first and results posted. And then, another updated feasibility study? Likely.
i don’t know how they can expect to finance the mine by giving away the silver and diluting the float to a billion shares and expect to be profitable?
What would be the point building it?
Can someone please explain this to me?
Since the company won’t.
Trevali is 23 cents a share, on a billion or so shares and has operating mines.
This duck has only one mine and is years away from producing a single ounce of anything.
This just doesn’t seem to make sense anymore and maybe it never did.