GREY:PCCLF - Post by User
Comment by
Galahad1066on Jan 26, 2010 3:57pm
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Post# 16721030
RE: RE: RE: Tech Anal
RE: RE: RE: Tech AnalI didn't know they would be making acquisitions and where did you get that idea? Martison is their only project now. I got from their public literature that they were waiting for economic conditions to improve prior to further development. This only makes sense from their point of view. Wouldn't want a double dip recession to derail this project. The cash they have will be very much needed for the project. Last I heard it will cost roughly a billion dollars to get it producing. You are free to sell as others here will gladly pick it up and profit.
Btw, here is their latest presentation:
https://www.phoscan.ca/documents/presentations/2010-01-25FOSWebsite.pdf
GLTA