Catalyst Copper Corp. CATXF

Building a mine? building a mine costs

[fortun8]

A lot of money and last i checked the company was low on cash and will have to raise money soon if things stay sideways which it certainly would mean further dilution....so lets not put the cart in front of the horse...i am keeping an eye on few developments before i make my bullish call....teck has to answer back (that is if the company has submitted the report to them as of yet....i have not had an indication if that is done as of yet), if the answer is yes then things will progress positively and based on mostly teck's timeline....if the answer id no then the company has to go it alone (my favourite) however it has to raise money to move forward and then raise a lot of money to build a mine (there are many options for financing)....all this could take anywhere between 45 days to 8 month....my take is that the company can't really do much untill teck's response which it makes me believe dwindling share price or lower share price for the foreseeable future......this is all my own opinion and i urge you all to do your own due diligence as i have been wrong on many occasions and i could easily be wrong this time as well