Great PotentialI've held this stock for a while and although it has not performed very well I do still see alot of great potential. They've initiated a turnaround plan for Lac Herbin to increase operating flexibility by having a larger number of active stopes, from three to five. Furthermore, as part of the turnaround plan, the Company’s Aurbel mill, which has had year to date recoveries of 89.3%, is to be subject to certain improvements that aim to increase recoveries to 92%. The Aurbel mill is located one kilometre to the east of the Lac Herbin mine. They have alot of great land packages and are also establishing good infrastructure.They have been making alot of great discoveries lately at the Aurbel property, Lac Herbin property and snow Lake where they Extended the main mine east zone. Recently they've Intersected up to 4.38 Meters Grading 12.4g/t gold at Snow Lake. I beleive that with François Perron as President and CEO they will get their costs under control and be more efficient and the stock price will increase sharply. They are becoming a major player and I think it's a great stock to own at todays price of
.085 per share. Again, I see alot of great potential here.
BigBoinker