RE:Is This Company Screwed Or Whatone of the peril's of the set and forget portfolio...I am sorry for your loss..
i lost here too....
basically management cannot be trusted with investors money.
It seems this world class silver deposit has been just that...a world class deposit but NO money being made...
just a big money pit right now...
" the Company has elected to temporarily suspend milling operations for five to six months and to focus all efforts on advancing underground development. After this development period is complete, the Company anticipates accessing, cross-cutting, and having available a total of approximately 120,000 tonnes of ore inventory grading 1,050 g/t Ag at the Bermingham and Flame & Moth mines by year end 2022. Ore extraction and milling operations will be restarted in January 2023, and with our anticipated production, cash self-sufficiency should be achieved within the first quarter of 2023. The Company estimates that more than four million ounces of silver will be delivered as ore feed to the district mill in 2023. so that is why it was dumped hard....i sold at 0.71 CDN and got some of my money back
a reverse split is coming here soon...
This is the last JR mining company I buy
EVER....
have a great day
argaiv wrote: Are they working on more than a single resource? I bought this stock years ago, and it was sitting in my portfolio and I never paid attenttion to what was going on.