RE:RE:RE:What a losing investmentTrue, with many juniors we have to pay management to "babysit" the project until the environment is conducive for M&A. We have a PFS, we aren't going to build the mine ourselves so at this point we can either go for a full FS with any positive tweaks to the NPV that may accrue or we start up another drill program to further boost our resources (which would require another PFS or FS) or we wait until a buyout.
I know it can try one's patience to feel as if they are doing nothing but "keeping the lights on", but the market is larger than any one company and we have to roll with the punches so to speak and continue to be patient. I continue to add (over 1 million shares now) and have my cost basis down to 2.4 cents USD. I know that within 2 years the market for nickel and the PGMs will be hot and this play will be in demand. All savvy investors can do at this point is load up and remember what Buffet is famous for saying: "When others are fearul, be greedy".
I'll say it again for those who need their nerves calmed, as long as this project is being backstopped by Kaplan (Electrum) there is literally no downside from today's level. They will ensure that this project reaches the end game (buyout). The only question is how high we can go between then and now. Bank on at least 10 cents USD, but honestly, at today's prices, anything above 5 cents can be considered a win.