RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Positive P Great post fishbeecee,
It seems very difficult to actually come up with a counter point to this one at the moment. I too have driven through this area and worked in and around Horesfly, Likely. Anyone who has flown out of Prince George to any destination south has seen the MPB devastation. It's not a matter of "if" but "when" mills close. For many years now this great part of the the province has been looking for new projects to keep the local economy going.
The only negative I am concerned about, is the new NDP government probably coming into power next spring. The last time I seem to recall mining contracts being broken and 12% of the province turned into parks. I'm as concerned about environmental issues as anyone, but I'm unsure of what will happen with the next gov't as far as higher corporate taxes and environmental legislation.
What I like so far is how quiet this stock is despite 2 high profile board members. At first I was disapointed that it didn't bring a higher profile but as the story unfolds I like accumulating without the hype. Looking at the share structure and production rates and costs I can't help but compare this to Timmins gold with similar shares, 100,000 oz production at $715 per oz, and less gold at start up. now trading at $3.20.
A 10 bagger for us is $2.80 today with 3 million oz.
Underpromise and over deliver ... please.
glta
Leaky