OTCQX:SREMF - Post by User
Post by
DerekForealon Jul 12, 2014 5:51pm
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Post# 22739722
RBI
RBIIn Dundee's report (May 23 2014) , they've said that they visited the mine on May 20th accompanied by president and CEO Richard Clark.
Guidance:
Q3 ( July to September) - ramp up to 75% capacity
Q4 (October to December)- full capacity
The plant is de-risked and we still have 2.5 full month to get results.
There was an incident with the tailings few weeks ago, nothing major, but it definetely took some of the company's resources for a week.
I've been told by people I know there, that some employees, as of this week, are working alot of overtime and long hours.
I will speculate that the Ore sorter is being installed and other plant improvements are beeing made.
They are preparing for the big launch.
As for the sp drop in the past few days, it is solely based on an insider sell of 10,000 shares on the 8th of July. If it was such a bad events why only 10,000 shares my dear shorters? Beside, short selling a stock with such an upside potential is the most stupid thing I've heard. I hear alot of talking on this board. Big players on margin and day traders...but somehow, they take the time to respond to every comment and post on average every hour or so. You guys are not loaded retirees... you are unemployed or students playing with a couple bills and trying to act Gordon gekko on this board.
I can still wait 2 months without looking at the sp before beeing worried. This was my last post until a news release.
GLTA