RE:RE:RE:redundant posts. They have at least one billionaire as a director. He can personally see this thing to production with pocket change. Time for them to get this started - I don’t understand why there have beeen years of delays when they already have the mine and equipment. Once production is underway, they can take out Levon T-LVN.
Fullplate wrote: Glad those boys hit the road. Might finally be time to start posting real messages here and get some value from this board.
I'll start by asking if anyone here has any feel for the likelihood Pershing puts together the $30+ million it needs to finance production. From my read, they need capital, but the low share price makes the dilution hard to swallow. With a matching credit facility available, it seems like they could follow the path Rye Patch has taken this year, but on a reduced scale. Rye Patch has a much greater feedstock to supply its facilities, but there is plenty of resource owned by others to keep Pershing's going for quite some time.