RE:RE:RE:Company's Latest MD & A on Sedar
I agree that the company is low on cash; however I think that there is a lot of value to be made in the short term.
Once the company closes the $3mil financing this will be used to recommence its operations and reignite cash flow. Speaking with the co they expect similar financings in the short term which will increase their production and work towards the feasibility study. At the time the feasbility is released we should see an increase in trading volumes and a significant increase in the share price as the value is realised.
I think that the public will gain some confidence once the financings are closed, the company gets back into production and works towards their expanding their production. And at that time the stock could be trading with a market cap of 30mil or approx .40
There are a couple of articles outlining the high potential of this stock anywhere from .60 to $1.2 depending on market conditions