Post by
baystock1 on May 17, 2021 5:37am
skillset to go into production ?
Does TRO really have the skillset to start up and run a mining operation ? And does it have the ability to raise the large amount of financing needed to go into production ? I like that they are talking about going into production as that could give them cash flow to further explore and develop what looks like a promising property. But with a geologist at the helm and with $28 million being needed to purchase the Max mill and millions more in funds needed for working capital, it seems that actually going into full scale production may be beyond their abilities to execute successfully.
Comment by
baystock1 on May 18, 2021 11:04pm
Hey TrumpThis, I really appreciate this well thought out response to my question. It was really helpful. Yesterday I bought a small position. I might add some more shares later if some were to become available again. This is a very illiquid stocks and so it difficult to accumulate and is definitely not for short term traders.