GREY:TIMGF - Post by User
Post by
Blazesbon Jun 06, 2019 4:20pm
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Post# 29803837
no need to be delusional here
no need to be delusional hereGoodman's priority is to build 'a small mine'--his words. That means capital expenditures directed to this end and NOT to exploration. So, Alain Bureau is supposedly a wizard at building to production in record time. This does nothing for the stock as it generates no cash flow while under construction. Then, before the mine is commissioned, the bugs--there are ALWAYS bugs-- must be ironed out.
Only hope for Toachi stock is for exploration discoveries on property--yet this is not a company priority.
That's the situation. Prepare for a long wait with many diluting share offerings to fund construction before the market recognizes this and boosts the share price.