TSXV:HRE.H - Post by User
Post by
Schmidon Apr 27, 2018 4:06am
305 Views
Post# 27948582
Seller's Remorse
Seller's RemorseThe annual financials are on SEDAR, released Thurs evening.
I got impatient and sold out thursday thanks to someone at house 143 Pershing who bought a large block, I believe buying out all the shares on multiple exchanges at .035 at @ 2:21 almost perfectly 7 hours before the financials are clocked on Stockwatch. All this tells me something might be up with Stans disclosing their Russian JV partner should have just completed their DD on a lithium supply for their mill Stans has the MOU for with them. Interesting times indeed.
I believe I'll stay out for now as the SP could easily slide again without news. If there is news, I'll try to get back in quickly but goodbye for now. Cheers
cessary geological sampling to evaluate the Pervomayskiy Lithium Stockpile. In place of that program, ARMZ has commenced an internal scoping study on the Zavitinskoye Lithium mine, which was the historic source of mineralized material for the Pervomayskiy cut-off grade lithium mineralization stockpile. ARMZ is expecting to complete the Scoping Study by April 26, 2018 and has set aside an internal budget to complete this work program. Upon the completion and evaluation of the ARMZ internal Scoping Study, Stans and ARMZ will enter into a joint project development program and partnership arrangement. The value of including the infrastructure assets of PGOK in Stans and ARMZ development program of the Zavitinskoye Lithium Project will be reexamined upon the completion of the ARMZ internal scoping study. Page | 5 Kashka Rare Earth Plant (the “KRP”) The Kashka Rare Earth Processing Facility was acquired in 2011 and was being modernized and recommissioned to process rare earth elements. Given the Company’s current inability to further develop its Kutessay II, Kalesay and other mineral properties and the inability to date to identify a feasible alternate source of rare earth elements that could be processed at this facility, it is expected that this Kashka will remain idle for an indefinite period. Even if we find a source of raw material we will not be able to process it without settlement ponds or tailing facility access to which has been denied by the Kyrgyz Republic. The KRP is currently on a care and maintenance program