Post by
argaiv on Jul 05, 2021 8:37am
I Looked At Their Projects
I am not sure if I was reading the web site correctly, but they do not appear to have significant reserves. I am looking at numbers stating hundreds of thousands of ounces instead of millions.
It would seem like this company could use a friendly merger for the benefit of shareholders.
Comment by
kindvalue on Jul 09, 2021 1:20pm
thus why the share price has come off much greater than the avg miner these mines have little reserves investors love ounces so a major problem They should have agressively drilled in the past few years if they can add ounces of subtance as opposed to a few years then a great buy otherwise bye bye no company will acquire a company without at least 7 years of production
Comment by
Golder007 on Jul 12, 2021 11:54am
they got out of a bad balance sheet two years ago. they couldnt have "aggressively" drilled without money