RE:POG at $2718 and…
That is $3,900 Canadian! WE are probably talking about a mine producing $3,000 CDN in net operating cash flow per ounce at a minimum here. There has been almost no results flow for months now! A financing is due in a matter of weeks. Something has to change here soon! Or, it is going to be a frustrating year. As Snowline demonstrated, a PEA falls on deaf ears in this horrid junior bear market which is now in its' 3rd year! The one saving grace is that majors are swimmimg in liquidity! So, if PEA is very positive along with MRE, then one or more should step up to the plate, but what would be the major holders minimum sell price? At this moment in time even $5 per share seems near impossible!