GREY:LYDIF - Post by User
Comment by
simmonron Aug 07, 2013 8:13am
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Post# 21653467
RE:East Europe Banks
RE:East Europe Banks
Me personally I think you're putting the carriage ahead of the horse. The real and immediate concern with Lydian and the Amulsar project is the high political risk going on there now. I think that needs to get ironed out first. I am dumb as a door knob when it comes to high finance and the EBRD and frankly most everything else but for me the the article you posted would not deter me, even if it does prove as far reaching as the Middle East ( which is where Armenia is ) from buying this stock if and when clarity comes into the political mess going on there My personal feeling on the matter is with a deposit like the one at Amulsar there are many creative ways to raise capital and you just know with all the MAJOR gold companies out there who are desperate to find a LOW cost mining operation to replenish their dwindling resources and existing operations this project will have limitless options when it comes to acquiring cash. That's my 2 cents, it may be worth less than that though.