Procrastination Therapy Is Out ThereSome good information in the latest Scarsdale Equities report. To quote : " Presently, the board considered the merits of a modular 250 to 300 tpd operation with the potential of generating cash flow of over US$20 million annually to pursue both caldera-wide exploration and stepped up development and expansion of modular operations in line with expansion of gold resources. "
In my view it is imperative they take this route and soon. It will take about 18 months to build. It would be nice to see Lion take action to limit further share dilution. The fully diluted share count is now near 140 million. As investors we really don't want it getting too much higher. My fear is that someone known for procrastination will take their sweet time making a decision. Let's get moving and hey - when are we getting news about the additional drill rigs. We've got the money - lets go.Jan will turn into Feb - which will turn into March etc etc......