TSXV:ICAU.H - Post by User
Comment by
madmagooon Apr 22, 2006 11:07am
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Post# 10729952
RE: Explanation Needed on N/R
RE: Explanation Needed on N/Rupdated april 1 presentation say potential for 100 million tons for sisson.
will spent 1 million on sisson and 1 million on mount pleasant this year.
1 million on MP is surprising since no formal plan or sampling has been announced, besides acquiring claims, maybe announced after field sampling. I think kaiser knows of gxm's plan for MP.
I still think gxm is trying to negotiate an option with Adex mine property. why else would they be confident with the next pp of 40 to 50 cents with fairly recent performance of 8 to 10 cents. I would of thought if adex were going to relist, they would have done it by now.
ADA another NB company just annouced the buyout of a former mine. Did wonders for the stock price.