RE:RE:upcoming catalysts
A new JV with a re*****ble company which has deep pockets is not old news as it hasn't happened yet. When and if that happens there will be a significant increase in the value of the company and the price of this stock.
My understanding is that the company can't exercise the put until the provincial gov't approves - which should generallly be a formality but the natives said they will continue to fight so there is still some uncertainty - if only a small amount regarding the $1.3b.
Just my opinions though - I still believe there is massive potential in this compnay but will only be recognized if management can execute, and doesn't run into issues with government policy, aboriginal groups and other activists, and can get JV's happening.
Based on their land there is the potental for exponential profits on this stock over the next few years.
C