GREY:PGDIF - Post by User
Comment by
mill44on Jul 14, 2016 5:47pm
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Post# 25054017
RE:RE:RE:RE:Focus on Road
RE:RE:RE:RE:Focus on RoadRobybob, I heard it a few times that the company cannot really promote the project because of regulations. With the PEA that changed and we saw that with the conference. They compared it to different projects, talked about the benefits and opportunities, it was the first time I really saw promotion from the company.
In my opinion the real tell about their intention is how they raise the money next. If they want a mine, they have no reason to hesitate with the winter program, with or without outside money. External funding will keep both options open, if they can get that. If they cannot find partners until the end of the year and they put the plans on hold, that could be an indication that they lean towards selling it. A rights offering will indicate to me that they will take it through the finish line.
My understanding is that they are working on something. We might have an answer soon.