GREY:LEWCF - Post by User
Comment by
Bentonstockson Jul 09, 2010 6:57pm
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Post# 17258726
RE: RE: World Outlook for Moly
RE: RE: World Outlook for MolyI never left D... Just bored stiff and couldn't type as result :-) Seriously though, I have to admit I do not know much about Pistol Lake, but what I did skim through did not inspire me to get out my wallet.. I am not surprised it has not been sold, as we are probably asking a fair price for it, and it seems like now everybody wants everything and gets it for cheap. As you know, many companies have proven assets often worth more than their market caps and there is often virtually no valuation premium for exploration potential.
Anyway, in times like this, not much to do but buy in my opinion. I do have confidence in management, but I think, as it seems many here do, that they face significant challenges... Interesting to hear about the Japanese thing... Can you add any more?
They could still do fall drill program so 'all' is not lost... Anyone know if they have done any winter drilling (I can't remember) or if there are any reasons why this is not possible on the Nithi property?
Best,
B.