Expectations Hi buddies,
I had the expected call.
They will certainly do the debt swap.
Infinita will not own more than 70% and do not require to do so.
Everything is in place according to the timeline shown at the last PDAC presentation.
Potential bottleneck are the permits only.
Gold production should be by the end of 1Q 2017.
A new press release is oncoming.
After the debt swap the press releases will increase, provided that something relevant happens.
They expect a 20 cents price by year end and foresee a target price of 70 cents.
(note that some of the top managers have at least one million shares each)
We should see the Red Eagle trend as reference.
When AGD be producing, it will be a highly profitable company and with no debt.
This is unique for a junior company turning into a senior one.
Regards !