RE: RE: InsiderRuss does not put money into any companies, he gets a whole wack of options when the stock price is depressed and then he sits on those until the stock goes up. Then he sells them and move the market down. Unfortunately, TKO has given him so many options at very low prices that they cannot get rid off him because he holds too much paper. Otherwise, he would probably be gone by now. The Prosperity permitting phase has been mishandled by him. All is not lost though, they will be approved but with a revised model with a higher capex. Not a big deal because there is so much gold and copper that it is still a very attractive deposit.
My bet is though that someone else will take them over. The current management has soured the relations to the First Nations and the Feds too badly. Why would you be so disrespectful to the First Nations when you will be working in their backyard for 20 + years?