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Andover Mining Corp. V.AOX

A precious and base metal exploration company


TSXV:AOX - Post by User

Post by vabeneon Sep 09, 2011 10:08am
276 Views
Post# 19026131

Focus on the elephants

Focus on the elephantsI also would love to see Trixie in production but according to what I hear from the company the really important projects - the elephants - are Sun, Burgin and Big Hill. I have the feeling that the management concentrates on advancing these:
43-101 on Sun, Burgin PEA, posible JV partner for Burgin or other financing solutions, etc.

The value that Trixie could add is pretty small compared to what these elephants could provide. Yet, I agree that seeing some cash flow in these scarred world markets would be desirable but I am also aware that starting a production always comes with a lot of risk. So when the management moves on in a prudent way then I don´t have a problem with it and can be more patient. Also I know that they don´t want to dilute or keep it at a minimum. So I guess they are very busy checking financing options and at the same time advancing world class projects as well as Trixie...
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