Stock Price Don't LieChuck needs to start buying up shares in the open market to juice the stock. Buying PP's to put money into drillings and to keep the lights on, ain't going to do it. Crescat - the strategic hedge fund investor in Cantex - has a lousy record touting other loser mining stocks. McEwen Mning, another investor - is a laggard gold stock after rolling back its stock 1-for-10 inorder to maintain its minimum $1 dollar price listing on NYSE.
As for trucking out millions of tons of rocks to a smelter in Trial more than 800 km away with no road, it is just absurdity. The zinc ore must be processed on site into concentrate (5 to10%) powder and a tailings pond or dam be built for the waste rock products. The concentrate can then be trucked out in powder form for ocean transport through Skagway sea port in Alaska to Korea as was proposed by Fireweed Metals via the Canol Rd. North Rackla is roadless. There is no hope in hell, the First Nation will allow an access road through their Beaver River Treaty Land, and the construction of a tailings dam.