RE: RE: RE: RE: RE: RE: is this it for the season?Freeport bailing on Llancahue doesn't mean much to me. It definetly took the stock back down to 20 cents which tells me short term players are bailing plus my guess is the PP players are moving their 11 cent shares for a nice short term double. I'm a long term player and 100m @ 1.375% Cu means way more to me in the long run. IMHO a stock at 20 cents is definitely worth the risk to see if they can find some more. On my last post, I posted a press release on QUA Sierra and it's highest grade was was 20M @ 1.06%. I don't follow them so you tell me what was their highest grade of Cu and post the link cuz I would bet they can't touch 100m @ 1.375%. Probably another question you won't answer.
How come you didn't answer my other question on my last post? What's going to drive QUA to 30 bucks?
If Coro gets the permit then we'll see who shows up to the party. The majors don't speculate. Once they have the permit and if the market is coming out of this major recession then there is no doubt in my mind that there will be a major interested in them. Since you mentioned Asia. I would even speculate if no major showed up, that China would be a source of financing. Just take a look at what happened to Tech. The share price today is 26.45. You could have bought them at 4 bucks in March. They were billions in debt, metal prices were in the tank and all they had was resources in the ground and nobody wanted to finance them. Does this look familiar. Coro on the other hand has resources in ground, metal prices are way up from the lows, not much cash and no permit. The million dollar question is when and if they can get the permit. If that doesn't pan out then Llancahue is waiting in the wings.
Once again not much action in BTC shares so I'm still of the opinion Goodchild is not going to move the shares north.
MM