RE: RE: RE: RE: Input?SmilingCanuck,
Unfortunately, Majestic has not had the best PR strategy prior to 2011, so the number of people following the stock is relatively small. At times in the past, it has taken a day or two for news to start to get picked up, and I assume this will be the case with this. Underwhelming response today, unfortunately. In Germany, the stock traded almost 300% more, and the news has yet to hit that market. I assume when it does, it will pop.
As we know, there are a number of milestone events on the horizon, such as financing, a Hong Kong listing, and possible graduation to the TSX, all in addition to the commencement of this new mill. It would have been nice to see them indicate this increases production to 4400 Tonnes per Day including the other mills, and they will be targeting 7400 TPD after this mill hits 6000 Tonnes. None the less, we shareholders know this is coming so this news release is great news and is "the start" of majestic finally graduating to a full-on "Mining" Company.
I do believe this news is very significant, and the start of more transparent communications from the company as production ramps up, so I welcome this news with open arms.... now, the word really just needs to get out as Majestic ramps up...
Good things coming imo.
B