RE:RE:RE:SAGAR PROPERTY ? ? My sentiments exactly!! They've done so much to develop the Molo site. Now they’re throwing a monkey wrench into the whole operation ? I don’t get it? This news will most certainly kill any upward momentum for quite some time. It’s nice that they kept this from us shareholders. You think this would have been brought up in the shareholder’s meeting.
I agree, it’ll take 1 -2 years to develop this site for sale or venture. And who knows if there’s even enough there to spark any interest?
Maybe there’s already a buyer? Maybe that’s why they’re doing this?
Maybe that's just wishful think? Either way it's going to take a least a year to get anywhere with Molo.
frewil1 wrote: I dont think its a good plan at all, first of all just to get a 43-101 [ wich they dont even know what resource ther targeting on that property] could take a year or two and these propertys dont get bought out unless they've at least a PEA done , most of the time a FS has been finished, plus theres hundreds of these projects out there and very few get bought, they would need many more millions to prove up a resource and minimun three years or so. JMHO