Don't want to sell the company just yet - not at these prices. No point.
I keep saying that over the short term it's all about the Apurimac area community approvals. If they get them soon then better (how much?). If not then I would agree (sorry to say so) that $0.10 would start to look ok.
But saying that please remember that the company has stated that they are 'expecting' the community approvals this qtr - so I take that to mean maybe next qtr. And that's being positive. If they don't have them by August then I will join the negative brigade. Unfortunately.
The former directors do seem to be buying more - on market witch is a good sign though. The largest share holder is England's most wealthiest person (lives there now) and one of Russia's largest mine owners. I would love to hear what he thinks about his $50M+ investment now. But he is a Billionaire so maybe he no longer thinks about this company? He obviously once believed in the value of the project and he does not seem to be a fool. So as a last spin I want one last year of drilling. Hence my community approval focus.
Still - community approvals over the next 2-3 months and the year that follows will be better. None - fail. Simple.
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Don't want to sell the company just yet - not at these prices....
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1 | 50000 | 0.075 |
1 | 250000 | 0.072 |
1 | 100000 | 0.071 |
1 | 50000 | 0.070 |
Price($) | Vol. | No. |
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