Company is a Disaster The management team has made some of the worst decisions that have created the current situation at hand and I don't see it improving or recovering.
Their burn rate is approximately 5 million $/month so another financing should be coming soon. I also find it hard to believe that there was not extensive damage at the Cosala Mine during the blockade.
Buying a mine in the middle of cartel country, and selling 40% of the Galena mine for $20 million dollars based on the cost of the current infrastructure and resources in the ground was a slap in the face to all that invested in the company! I'm not sure what to say about the RC mine since it was suppose to be the easiest mine they ever put into production .... not so much!!
Blasutti should have resigned by now. While at the helm he has lost a lot on the loyal shareholders much of their investment.
Much of the hype has been removed from the company and they will more than likely continue to over promise and severely under deliver. GLTAL!