RE:March 4th and still no news.The lawsuit dispute with AM Gold (since 2017) has basically quashed the possibility of getting any financing for the Pinaya project until it was resolved this week.
The company can now look for financing without having to come from HPX. HPX has basically been keeping the company on life support until this lawsuit was resolved.
It's quite obvious that Robert Friedland believes in this project and sees the potentials to have been financing this for almost five years without any resolution in sight.
One fortunate aspect of having a stable of companies that work out of the same offices in Vancouver is a lot of costs can be reallocated and key personnel are kept on board.
RF always surrounds himself with the best people in the industry.
They must have seen this coming down the pipe with the hiring of an investor relations officer at the beginning of the year.
Look forward to brighter days now.
Cheers