RE: Stop it hotdog It's really irritating. Not Stans management nor the Kyrg Govt nor the political situation but some of the blooming investors (if I can call them that) on this BB. 'We need more PR" , "We need an Offtake Agreement now"..."What happened to the PFS"....etc...etc...
They invest in a junior mining company (always risky and Sp always extremely volatile until full operations begin) and then they also know that the operations will commence fully in 2014 earliest. Instead of expecting the volatility and waiting till 2014 (to which if they can't they should not be in this stock in the first place) they start screaming for PR's , for offtake agreements for PFS etc...all in the hope for them to be comforted and to which the only way they can be comforted is if the SP does not drop but just keeps moving up.
And worse still, there are those who were also hoping that the SP will move fast now and give them a big killing now (hence the hope for the PFS and the offtake..etc) even though its still 2 years from full production at least!!!!
I am just going to summarize IMO what has happened this year (and not from the previous years as a poster has already done a good job on that in a previous post).:
The PFS was ready to be released (contents are good) and the SP takes off. but then the license extension was being dragged and Stans smelt that there were greedy forces out there and so they held back the release. They did not want to show the good potential they have until they have secured their position completely and risk adding to the greed out there.
They got the extension but as expected with a condition to transfer some stake to them and worse still the faction which was trying to rob them of the mine.
Thus they have filed a lawsuit to put a stop to it once and for all.
In the mean time the govt collapses as was expected (and now you can see the benefit of the lawsuit which if decided accordingly will remove this risk regardlless who is the govt).
Thus, until they secure their rights completely they are not going to release any info that will show the potential of the company and if they do we can then take it that they have already secured their rights completely.
However, just because they do not release info, it does not mean that work does not continue as it does instead.
This would have been the chronology of events if not for the poltical wrangling :
1. PFS released in Jan followed by plant testing and BFS by Sept/Oct this year along with offtake agreements.
2. Our Sp would have been sitting between $3.00 to $5.00. and continue to rise until 2014.
However, the 2014 target date has not changed (maybe delayed by 6 to 9 months) and all work and negotiations are still continuing only info will not be released for reasons abovesaid.
The difference is now all that was supposed to take place in 2 years will have a shorter time to take place and thus I believe that once their rights are secured fully, all the info will be released on a fast pace with short time intervals between each release (PFS followed by BFS followed by Offtake followed by plant results and commissioning).
So to all those irritaiting pests : Don't you get it? All the PFSs and offtakes are not going to make difference as investors will not come in until they are sure that Stans has fully secured thieir rights first!!
If you can't take the heat GET OUT!!!! Stop with all your naive insinuations. Any serious complains/whining can only be done if Stans does not take serious shape by then. In the mean time P***sss Off !!!!!!
Simon Bond