RE:Timeline to restartHey Mckayk3,
Below is an exerpt from a PR back in 2011 when Pala made an offer to shareholders in Sierra Rutile. It is a similar pattern with Nevada Copper where the volume on TSX is quite low and depending on how many shares you buy to average down, it is anyones guess how long you may need to hold your position for if a takeover or buyout ensues that may help you create a gain on your position...
I can picture Pala doing something similar with retail shareholders as they did with Sierra Rutile when it comes to the Open pit project. All in my opinion based on some of Pala's previous investments.
All the best with your investments
Pala believes that the Improved Offer, and the private treaty option, represent a significant premium for Sierra Rutile shareholders and present a liquidity opportunity in an otherwise highly illiquid stock. Additionally, in its September 19, 2011 announcement, Sierra Rutile’s ongoing strategic review identified up to US$189 million of capital requirements needed to expand its operations. Pala believes that the liquidity and premium offered by the Improved Offer, and the private treaty option, provide an exit opportunity for any Sierra Rutile shareholders not wanting to be exposed to any future financing activities that may be taken by Sierra Rutile to fund such capital requirements.