This will be an exciting year.Good Morning,
Company made a good move on the "Property Rights Exchange Arrangements Agreement between Glencore Canada Corp. ("Glencore") and Goldcorp Canada Ltd".
This move allows the company much needed cash and will help in moving forward the Kipawa project.
I expect that we will probably start seeing press releases around the second quarter going into the spring season. Probably the first action news will be the building of infrastructure (bridge).
Once we see this happen we will be on our way and the price will start to move up.
Commody prices have been in the gutter for the last 2-3 years and unlike many going mining concerns didn't really have a major impact since operating and burn rate cash flow was almost nonexistant. It's like we are in the right moment in time for a new startup mining company without any issues with respect to employee or operating expenses.
See the company isn't burdened with downsizing or closing mines and this may be the effect that makes this moment the absolute opportune time for a startup.
Also, selling assets rather than selling or diluting the share structure makes for a desirable investment for shareholders.
Have a good day
varok