Post by
rockplay on May 10, 2018 12:09am
Results of meeting
I attended the meeting. All directors were there except Judy Thomson. All motions passed.
Discussion followed. Directors are giving serious thought to all possibilities of moving the company forward and intend to come up with a plan soon. Higher metal prices or more discovery of metal through drilling will lead to a higher value of the company and consequently production. Getting funding through various groups, possible pp, joint ventures in mining or milling and lowering costs through better recovery methods were all mentioned. The company has good support from the State of Alaska. A takeover now would hurt investors.
Comment by
2udad on May 14, 2018 6:38pm
Thanks for the info. Would be nice to see something other than another PP.