OTCPK:LYDIF - Post by User
Comment by
crystalmethodon Oct 05, 2013 4:33pm
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Post# 21794035
RE:Let me try this one more time
RE:Let me try this one more timeMy problem with the company lies in the fact that this delay is more than a simple time issue - it's going to require additional expense to get back to where we left off last July. The company is sufficiently cashed up, but we are likely looking at greater dilution now because of this fiasco - dilution at lower prices, which will impact the ultimate valuation assigned by a potential suitor. Still, if the company can get the green light to go ahead with using the new leach site in their final FS and construction permit, the shares could begin to gain traction as early as Dec 2013, and recoup much of what was lost as soon as Qtr 2 of 2014.