WHERE IS THE PFS?
Where is the PFS? Having stood back and reviewed the comments on the board for some time this question seems to be on the minds, thoughts and lips of all past, present and future investors with Stans, and justifiably so!!!! I believe that most have the pieces to the puzzle and it’s just a matter of putting them together.
It’s obvious that it gets down to one issue. THE MINING LICENSE. The PFS reference to positive adjectives such as, good, great, phenomenal and let’s not forget, world shocking, in fact, may contain all the noted attributes. However, without the mining license, the PFS is like the fastest thoroughbred in the world, but as long as it remains in the stable, it’s “just a horse”.
You must appreciate that Stans knows what they’ve got as they continue to remain in Kyrgyzstan, retain the property and financially refurbish the location. I’m sure, without a doubt, the Stans group is confident the mining license is just a matter of time. I believe it was Hotdog that stated that Robert Mackay should be shouting the PFS results from the rooftops. Wasn’t it Lynas and Molycorp that did just that, slip, fall and hit hard? Canadians are ultra conservative (I know, I’m one) and the Russians are ultra secretive (I know from growing up in the 50’s and 60’s). The Stans organization, the share holders and potential investors don’t need unwarranted, expensive litigation. Again, don’t forget, at this point it’s still, just a horse!
As I mention in a previous post, I believe that the one hundred days are business days. All my personal experience with regard to permits in the past has been just that. With that in mind, the term actually matures at the close of business on Monday, May 21st. Hence the reason for the repeated statement from David Vinokurov, “any day now.” And, in all fairness, it may take longer, depending on the amendments required.
You must realize that Stans is a foreign company in a foreign land. I’m sure the Kyrgyzstan Government wants what’s best for Kyrgyzstan. Greed or no greed. They must do what’s best for their country and people when it comes to financial support and especially environmental control in consideration of handling the material in question.
In closing, I too will be glad when that horse leaves the stable and attains its thoroughbred status but patience is a virtue and good things come to those who wait.
Regards