RE:Re l like this storyI am all in with this group and yes, it will be successful. They have an outstanding
advantage over their predecessors who were underfunded and simply ran out of time
and money before they could capitalize on the complex geology of the area.
It's almost a no brainer when you can see the mistakes that were previously made
and then take over an operating mine for .10 cents on the dollar. Everything is in
place so the only main capex is more drilling to delineate the deposit. To start up
a mine these days takes 5 to 10 years and $millions of capital before one cent can
be earned. This group will start up next year with no debt so its like playing in the
Stanley Cup finals with a 2 man advantage.
As for management, its an all star group. Hard to see how they won't be successful
Just going to take a little patience until their exploration/drilling program is complete
before they can start up production.