RE:RE:cri.. granduc mineInterestingly I was told by the company that it will take about 4 years to get Granduc up and running, and that's once they've found a partner to move the project forward. Although 2 years would be wonderful, I'm not sure it's realistic. Just my opinion of course.
I haven't been checking this board very often because in truth I've shelved this one for now. Not planning on selling (not that I could if I wanted to) but also I don't expect any movement here for quite some time. Copper prices are down and I think will stay down for some time (concerns in China, still waiting on India to pick up the slack, a number of mines coming online this year so supply increasing, etc). Just my opinion but we are still at the bottom of the commodity cycle and although I believe there will be a turn around eventually, I still think we're about a year away. I agree YT, I think they'll be able to keep the lights on to ride through this and those who can wait it out should be rewarded. GLTA.