RE: nice Oh PLEASE! Best I can tell this is the SHORT of the Century! Just look at these "statistics!"
Ultra "low" grade deposit - "only" 12.99 gpt M&I, 12.74 gpt Inf versus most other HIGH grade deposits at 0.5 to 1.2 gpt!
Miniscule number of ounces at 470K oz M&I, 2.2 Million inf, put that up against some of the other mines with 300K ounces Reserves!
PEA Plans call for only a tiny small insignificant mine with 145,000 opy capacity - are the best mines around 30,000 to 60,000 opy, cause after that they drop cash costs too much!
Managers of this company are a total joke, what have any of them done? Old Aurelian guys who took a project from exploration to production? Ho, hum - everybody does that... er. right?
But the worse part is the third world country that this mine is located in and the world wide terrorist networks the emanate from its boarders! Why can't we have a politically stable and safe location like Syria, North Korea or Venezuela?
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So yeah, anyone with brains can see this is a short down to zero in a few months time!
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anybody around here have a sense of humour and appreciate OTT sarcasm? We'll find out soon enough...