RE: RE: RE: IT WAS APPROVED!Desperado76........yes it's been a frustrating year IMO - basically a wasted year from a production standpoint. I'm sure many holders of CMK including myself would have sold earlier this year if we new delays would become a year out......dead money, in fact underwater in some cases.
But the fact is I called today and as of Monday Nov 28th the Blue seam is in fact fully approved for production and there is "no" if or buts about that news.
May not be running and jumping to buy lots more without some updates, but I'm not running for the exist at this stage either, we will have lots to review in the short months to come......my friend!
Below book value, no debt, 97K in cash, open line of unused credit, all approvals in place, 8 x miners on site already purchased, now it's up to TK to start hitting production guidance - IMO it's the only reason they have not announced customers yet....they need to be sure they can produce smoothly with all seams running daily!
Time will tell!
COOP!