OTCPK:LYDIF - Post by User
Post by
crystalmethodon Sep 24, 2013 5:53pm
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Post# 21764543
Time frames Tim?
Time frames Tim?
Obviously the market, specifically one or two large shareholders, weren't exactly placated by the contents of the recent Amulsar update. What the NR did say was that there was an agreement that another area COULD be used for the construction of leach pads. What it didn't spell out was any indication of timelines (ie) est time frame for geo-tech drilling, social, enviro studies, etc. And assuming all goes well and that this new area satisfies all those concerned.....est time frame for the completion of an updated FS factoring in the new leach site......and finally.....anticipated date for the final construction permit.
Management would be wise to comment further on these important issues if they're interested in shoring up some confidence amongst current shareholders. Dispell the uncertainty, and the stock will grind out a base.