Good call by Crocky a few days ago. The EIS process is being held up by Shore Gold , not the prov. government . The gov. awaits revisions that Shore has been sitting on for the better part of a year. Once that is submitted there will be a review by the prov. and then a public consultation period of 30 days or so. Just like the FS and every other milestone that Shore have missed we see them using whatever means is necessary to delay this . That does not bode well for us.
No , it was Grizz that posted the Kitco-Casey mine chart about when the best time to buy is. You are assuming that the project doesn't get shelved for lack of money or a partner. No money will be made unless Shore can secure that. They will never openly admit that the project is 'shelved' but continue to dance around by themselves waiting for a partner.
We are supposed to believe that we are set for a minimum 10 bagger here. I am having great difficulty with that as well. It's likely that kind of unrealistic expectation that has led to this impasse.
There should be no need for Shore to attend any more dog and pony shows . If they haven't spoken to all of the large miners and financiers by now we are screwed. It is just costing the shareholders more money for Shore personnel to travel. At some point it is an embarrassment for the company ( and us ) to stand there at the booth and say , " Status quo " to the same people, over and over again. There is also no need to keep as many staff on board at this point cuz all it means is a bigger PP and subsequent dilution for us , later this year. If anything we should be letting the 'exploration' team go and be bringing in the development team to advance this .
What a friggin eye opening , smack-up-the-side of the head experience this has been.
Crocky