RE:RE:RE:RE:Gold and Copper are on fire, it’s jutF&M/ESM bought the project for $10M. Since that time, they have collected salaries and milestone bonuses. They are living the dream and I must admit, I am jealous. Had any of us had the $10M to buy the project and then fund salaries and exploration, permitting, offices etc. from shareholder equity, who among us wouldn't?
At the end of the day, the project will be permitted and sold. My guess as to share price at sale is $1.50-$2.50 a share. Averaging down at today's prices should result in being made 'whole' if currently underwater. If just buying in, a new investor might have a 5-8 bagger as soon as early next year.
Anything above my predictions is icing on the cake. So, no need to be anxious or panic. Just be realistic in your expectations and understand that this is how F&M works. Black Iron, Belo Sun...
Lather, rinse, repeat.