permitting.....Don't call me a basher or a pumper for I am neither. I am long the stock. In my opinion though, permitting won't do much for this thing, reason being.....with enamco owning 40%, who doesn't think the permit is coming? It's expected and thus already in the share price. Sure, we might get a modest bump as it is one less thing that can go wrong but to expect some massive re-rating on this is unlikely in my opinion.
The cloud of uncertainty sits entirely with financing and how sgc can manage their float without blowing us out to a billion shares. ANY clarity on that and this thing will be back testing 30 cents overnight. Whether or not you trust mgmt enough to navigate you through this process is up to each individual investor. I have very mixed feelings about mgmt here but at this market cap, I continue to think far more bad news is baked into the cake then good. My two cents.
Now adit, move over. I'm crawling back under our rock.
Zad