GREY:WFEMF - Post by User
Comment by
mercurysmithon Jan 15, 2013 10:38am
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Post# 20839456
RE: News by March...
RE: News by March... Geologyfella, I agree that major construction might not happen until March, but financing and major construction are two separate things. Lead time is needed to purchase and organize for the subsequent construction. If financing isn't firmed up until March, there is no way the construction will be completed in 2013. A year ago they announced they needed 10 to 12 months after financing was obtained to have the construction completed. I sure hope the big financing news comes long before March. One thing we do know, Dundee seems to still think this is a good investment. They have a great track record. I sure hope they are right. Risk remains moderate until the financing is confirmed up and thereafter the risk will be pretty low (and no doubt that will all be reflected in the s/p).