immagine del profilo
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!
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immagine del profilo
@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.
immagine del profilo
@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.