RE: Not selling Well after seeing all this negativity about ML coming from board members,I think it is time for me to start buying again.Glock ,thanks for the info.Dropping this far on just 25 million shares,nice!
-I think tomorrow or tuesday we get a production update for Q1
-I think we get update feasability study for El Pilar in the next 2 weeks
-I think by the end of the month we get the financing for El Pilar and I think we get all this miscellaneous debt all cleaned up wrapped into the new financing
The market cap on this company is cheap.They have made numerous mistakes in the past but I can't dwell on that anymore.They have new blood running the show and added some more last week.El Pilar has a 1.7 year payback!Moly is what is really hurting Ml currently.Moly is one of the only metals that did not recover after the commodities freefall.
El Pilar is a company transforming mine,but I will get out before the El Creston project ramps up.(currently don't like the capex for that mine)
It is now up to the commodity pricing for copper/moly to hold.