Post by
Wynjoe on Nov 17, 2022 9:42am
I like...
I like their assets, I like their location, like the prospects of finding more gold,but why buy here? Ore processing not for two years, not fully funded,(more cash will be needed before first gold is poured),and many things can go wrong.Buying in about a year and a half,maybe? but what can possibly drive s/p in the interim? Cost overruns always occur and in these turbulent times with rampant inflation and supply shortages I suspect this can be bought at super cheap prices going forward.What do you think?
Comment by
cashworx45 on Nov 17, 2022 12:53pm
https://nasdaqnewsreports.blogspot.com/2022/11/verge-of-breakout.html
Comment by
yureja42 on Nov 27, 2022 1:48pm
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Comment by
yureja44 on Nov 28, 2022 12:35am
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Comment by
Ridgeback on Nov 22, 2022 8:51am
One thing I don't like is how painfully slow the incoming assays are compared to other companies in other provinces. Last one was 2022-09-12. Must be one heck of a backlog at Eastern Analytical?
Comment by
newmoney14 on Nov 22, 2022 4:55pm
Be careful investing in this company with its current management. Just take a look at the history of Stornoway Diamonds, where Matt and his buddies made out like bandits with huge salaries while running Stornoway into bankrupcy. nm
Comment by
someday2 on Nov 23, 2022 9:23am
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