1Yr
An explorer who spends his money not on exploration, but on price maintenance, would have all the red flags wagging for me for that reason alone. Hands off!
•
44
•
@Epi Well, all the research and test drilling has been completed in the last umpteen years, now it's just a question of whether they are allowed to mine or not. They themselves buy back the securities, because they think that the shares are currently very cheap.
••
1Yr
@Linderw0rld If they were to assume that the permits would be forthcoming, then they would have to build a lot of reserves to then move forward with the development of the project. They don't. Why? And then where is the money going to come from? My guess: they have no interest in developing the project at all, but want to sell it on to an operator. This is not about mining, but about the quick mark.
••