GREY:NEVDQ - Post by User
Comment by
RoyKerron May 12, 2022 10:17am
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Post# 34677550
RE:RE:RE:RE:RE:RE:Insider trading = possible clues?
RE:RE:RE:RE:RE:RE:Insider trading = possible clues?
If a sale is in the cards, my guess is they want to keep operating while they redo the feasibility study @$4 copper and complete the drilling program so they can get the best deal. Any more SNAFUs in the underground mine will prevent that because another PP will he a disaster in this environment (war, famine, plague). Even in that case, the property and permits are still a billion dollar asset. 1-1.25 seem reasonable per share?
It did seem from the late 2021 interviews from Buffington and the two directors that their goal was to become a midcap on their own, and that may still be the case if there is real cash flow positivity this Q. Last Q's setbacks and current market realities may have changed that. we'll see.