TSXV:AAA.P - Post by User
Comment by
JR__Ewingon Oct 19, 2013 1:37pm
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Post# 21830445
RE:RE:RetiringYoung
RE:RE:RetiringYoungI agree that there are always uncertainties, but if Ercosplan are saying that it is possible, I would never question their expertise. They would NEVER sign a FS if they do not believe it can be done.
Regarding KRN's meltdown, you can think what you want but I believe that the drop in the share price is related to two funds dumping their shares following the undertainties of the cartel breakout. IT is not related to whether or not their solution mining approach is applicable to the geology of their claim. Don't you think that GSFC did their own DD and studied carefully the FS provided by Ercosplan before signing the deal?
You should be more worried about how EPO, who trade currently at 20 cents with over 286 m shares, will cough out $3 billion to build their mine. You are dreaming if you expect the federal government to lend their money.