RE:RE:RE:RE:RE:RE:bullish on silverExpect a financing to be announced shortly. The silver mine is taking longer to get into production which means they will not be out of commissioning by year end. Not sure when they will be out of commissioning. Therefore, no silver sales to keep the coffers at least partially full. Basically, RSM is costing them more and taking longer to get into production. Hence our new 52 week low, again.
Nothing on the all season road from the GNWT, no idea when they will hear anything from the government. They will be sending out an information circular in January to the residents of Corman Park and do not believe they will have anymore unforeseen problems getting the rezoning done. Nothing to report on Arctos - is there ever?
Supposedly they are having discussions on offtake agreements for Nico metals, and hopefully that will help get the mine financed. Wish I had something positive to say but we continue to wait and trade on FT time. Financing agreement should be out early this week. Just another lump of coal in our Christmas stocking.
Sorry for the negativity, this hopefully will turn for us in the new year.