Post by
TradesInc on Sep 12, 2023 10:07am
Spoke and Hub
With 2 VMS Pits now. Production can support a 4.5 MTPY Production Facility being fed from the 2 Pits. I just ran some numbers. Potentially $400 Million Profit Per Year Baby! Are MNO Shareholders still be paying Gilbo $50,000 CDN Month for a $.38 Stock. C'Mon Gilbo Let's Go!!
Comment by
pfaffgau on Sep 12, 2023 11:49am
I agree. This project needs a partner with deep pockets. We can't dilute at present prices to fund production. Are the big copper companies just stuck in this BEAR MARKET!!
Comment by
antero on Sep 12, 2023 2:51pm
You mean like the one you found when you were running the ship. lol
Comment by
TFSAfunds on Sep 12, 2023 5:32pm
antero... no, no, no! It'll be a 50/50 partnership, they'll supply the cash for their half, we supply the ore for our half based on the latest 43-101 valuation. Then of course, the 43-101 gets thrown out due to some oversight/technicality... low and behold we end up with a 10% share of the company! lol
Comment by
antero on Sep 12, 2023 8:39pm
Is that before or after the reverse split. lol
Comment by
lechmeir on Sep 13, 2023 10:11am
That's just unkind... I think we're on the right track here.
Comment by
randys1 on Sep 13, 2023 10:55am
All sounds good but they have a mess to clean up with their share base. They have a group of sellers they need to clean up and they have to know it. They can put out whatever news they want and someone just loves to sell it down. Time for mgmt to do the job on the share base..