Copper futures at $3.37 With copper going to $4+ in the not too distant future this stock is a no-brainer.
No excuse for trading at this level.
2m oz gold
8m oz silver
The proven resources alone should have this stock over a buck.
Obviously the market has doubts that this management team can get across the finish line. I have the same doubts.
Hard to comprehend an unwillingness to pay a premium for expedited assays when money was no object to add a second drill.
Someone explain that logic to me.
If this is not the year for this company, then I think we can contemplate a few things that have been on my mind and on a few other's as well:
Why did Posco not opt to fund the additional cost of the PFS when Serengeti went over-budget last year?
Why did Posco not opt-in for this year's exploration program?
Does Posco not see potential in this project?
or
Has Posco lost faith in competency of this management team?