GREY:ADAIF - Post by User
Comment by
mantosmanon Apr 06, 2010 10:12pm
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Post# 16963381
RE: RE: RE: RE: Acadian Mining commences airborne
RE: RE: RE: RE: Acadian Mining commences airborneOunces will probaly grow, 15 Mile Stream is very attractive , if they are successful there they can really increase ounces.
I can not believe there were bailed out and to go under again.
I feel the mine will be sold and then possible debt financing latere this year or next , but they will also require a higher share price for debt finaicing .They will get that if drilling at 15 Mile Stream is successful. There were some references to land claims back in the fall , if that is resolved then potential is increased further.
Then there is the long range nickel exploration at RRO, there are similarities to Vosey bay there.
Zinc prices going up so now would be a good time IMHO to entertain offers for the mine.
The area there is mine friendly and they have an excellent mining team.