RE:Surprised and disappointed πbogeyfree wrote: After having waited for so long for the final signatures, I was hoping the SP would have moved up. What am l not getting? I would appreciate if someone could give me some kind of explanation (or hope).
Thank you!
This Easement only gives the right to access the tailings and to drill, nothing more. From that they can then produce a 43-101 with actual resource numbers for QT and that then opens up possiblities to include:
Upgrading the stock listing to the TSX or even the NYSE.
Agreeing a deal with Volcan/Glencore for the use of the flotation facilities and/or agree off takes.
Even agreeing a JV to process the tailings.
Until then there will be long term holders who see this as an opportunity to exit. But as Floridas pointed out, small stocks rise on sentiment and so I am betting on a steady rise from here as more investors come across the story, all be it may be a bit bumpy.
One of the big attractions here now is the price of metals. The prices contained in the May 2024 investor presentation are now double digits higher than used there and silver is over 20% higher and on the climb. With 458Moz eq of silver that puts the resource value into orbit.