Post by
dmacd on Apr 13, 2021 12:09pm
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A good interview posted with more details on the project and financing. Basically 6 to 8 months to complete the permit process and then gear up for Mg mining. Only $30M spent with incredible results and value creation and derisking. Gold upside is evident and as you know high grades were the original target for the company. The Mg discovery and low Au prices parked the drilling but now it returns. We need this capital raise and this stock has bottomed. The value unfolds starting this summer with gold drilling, this fall with permit release, and next summer with the quarry mine opening. There are multiple catalysts to drive longvyerm growth such as mine expansion, pilot operation, processing plant, gold mining and processing, gold reclamation processing. WHY should be valued at $100M right now but no matter. For those who stay the course in my experience eventually the value gets recognized. We investors often confuse company performance with SP and whole both are important for those who dig deep you can find hidden gems like WHY. Clearly I am bullish but I have much reason to be so, and I will not place large bets on low conviction stocks. 50x potential if we can raise the cash ... my bet is that Marasco will get the job done .. he is what I call a tenacious winner. GLTA do your own DD.
Comment by
Eoj123 on Apr 19, 2021 10:04am
How's the cup rattling going?