RE:This WeekendAs I noted in a previous post, I spoke with Steve and JJ this weekend at the Scottsdale Capital Conference. Some of you asked me to ask some specific questions about current status.
First, they are "on time and on budget" with wells expected to be completed by the end of Q2. They are still on schedule for Q4 production.
Skipping State 2 is a strong possibility depending on market conditions at that time. I got the impression that we will see full production before year seven.
No share buyback is in the cards at this time.
They think the selling, which has been coming from Europe, has largely dried up.
They have several investor road shows planned in Texas and New York over the next week or so.
My overall impression was that all is well, moving along, and MIN will be plating copper by the end of the year.
Thanks, Todd, for your post about MIN's valuation. $8 a share would be great. I think some day we will see it.