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Bullboard - Stock Discussion Forum Curis Resources Ltd PCCRF

GREY:PCCRF - Post Discussion

Curis Resources Ltd > Revised Project Schedule
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Post by erinG on Jan 10, 2012 4:20pm

Revised Project Schedule

Does anyone know if a revised project shedule has been released due to changes in the program?

Correct me if I am wrong, funding for the operation is to be secured by the end of Jan-11.  If the funding is not secured by then how much of an impact will this have on the schedule?  What other options are available to get this thing going ?  Someone mentioned diluting the stock, is this really bad thing for current stakeholders considering the potential payoff ?  This may be an opurtune time to jump in.

Funding aside does anyone know what the additional cost is for the unplanned design and construction cost's for Phase 1?

Comment by elgin1 on Jan 10, 2012 6:40pm
Project is on schedule : this quarter EPA/ADEQ hearings, Financing announcement later this quarter, q3 Feasibilty study presented, Q4 construction for Phase 1 State land.   Mackie Research came up with analyst target $2.70  speculative buy... sorry very extensive analysis cannot post - can email it to anybody interested . Spoke to CEO Michael McPhie asking him about $1.7 ...more  
Comment by adit123 on Jan 10, 2012 7:16pm
elgin1: Thanks for passing along that from McPhie; cool that he responded directly. The current Council is certainly harming their own town, but the locals will have an opportunity should they chose to change directions in July. If they elect "no mine" people then CUV will have 1/2 the resource for now. I think the Mackie report then pegged CUV with an eventual $3.07 target or ...more  
Comment by elgin1 on Jan 10, 2012 7:43pm
Mackie report says they could potentailly raise $30 million worth of financing $1.25 share diluting float to 80 million hence they get $2.70 share value.  I have just asked management about this ...waiting to hear their response...
Comment by jayp1111 on Jan 10, 2012 8:52pm
Yes elgin1, thanks for all your posts, very insightful and usefull, in general and  in keeping my stress level down!
Comment by erinG on Jan 11, 2012 12:06pm
elgin,  In past posts I have indicated that Curis has not being forthcoming regarding changes to the program.  No new information has been made available by Curis regarding the changes.  You say "Project is on schedule...", how convincing is that to current and potential investors?  I don't disagree with the information you are providing but shouldn’t this be ...more  
Comment by elgin1 on Jan 11, 2012 12:54pm
ErinG you can contact investor relations and ask them directly. Generally a company will release news when there is news - they cant say pending news. Anyways I have provided info from the company directly. Curis said they will release important news when they have it.....normally  a company doesnt't release info while their in the midddle of a negaotaition like they are with the ...more  
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