GREY:SOHFD - Post by User
Comment by
Spikearoo1on Sep 15, 2020 8:31pm
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Post# 31564822
RE:Contact
RE:ContactYes. Ralph said 2 to 4 weeks. that was about 6 to 8 business days ago.
These things take time. Nothing ever runs on time, especially now with all this Covid BS.
Doesn't make any sense why they wouldn't get the financing from the mexican bank considering the gold price and recovery rates for the flagship project.
What I find interesting, is there are some companies in the same position just bringing a gold find into commercial production and their share price is trading at $3 bucks, with half the outstanding shares. Evening taking TSN down to $1.50 to $1.20 seems more reasonable than the current $0.26 cents. What a joke. I would think that once this gets derisked with confirmation of funding for the next mine we should see a good jump and hopefully couple bucks in 2021 with commercial production.
Guess time will tell. GLTA...