update 10-14 daysGood news today with the permit, another important step forward. Talked with Giulio today, he's back in the saddle following recent deaths of two elderly family members, which delayed the update....Don't bother him if this is what you want to know....his exact words 'about 10 days".
I have been steadily accumulating, I like the 3-9 month story and prefer to buy early before new drilling, financing, and construction news. I made a lot of money buying two companies early, there were months of grinding sideways, and what was really hard, 30-50% stock declines, but I believed in their value, and eventually, they took off and the value was unlocked. I've stuck out a few times as well, so we'll see what happens here, but I really like the step out holes, and the possibility of producing early next summer. Look at the market cap of Wesdome, 40-60k oz producer with a growing resource. I've sold a lot of what I owned but what I have left is up over 150%, Two years from now I expect to own a lot less Kerr than I do now. If it ever goes parabolic I'll be selling, just like I've been doing with GBR. What I have left of GBR I'm holding for the long term, it's all profits, my initial capital is all out.
Best to all longs,
Poet