RE:RE:RE:Dougherty Agree with this post. Dooms day posters are everywhere and do nothing to advance anything. This is not Oak Island where they are dumping piles of money against a dream of what might be. This is an accurately defined ore body with known and inferred parameters. Bottom line is that it is most unfortumate that the costs have been updated and are now more accurate however, with large gold deposits in the same category as hens teeth, and the price of gold on the increase [demand out stripping supply over the next 10 years], Magino is still an asset on the ledger and getting money for this to advance is not as difficult as one might think.
It is very unfortunate that there have not been any news updates to calm the market on the situation but there are very experienced teams working on this and it will get resolved, probably quickly. WIth an almost 45% drop in SP, those getting in at close to 4$ will need to wait a while as confindence returns. But it will be slow once a plan is put together with a near/mid term strategy to get back on track. This would still be a jewel in any companies portfolio. Bad news is the headline but dig into the story and all the fundamentals are still there.