You know what is funny about your post is that no one would believe based on the SP that we have 5 YEAR commitments for our products. I don't know the details of their deals, but I know enough from my own business to know they likely have their price tied to some agreed upon index or boundary where they will not lose money on their sales. Which is precisely why you set up these agreements to begin with. Once you know you have cash flow from Mt. Catlin you can start focusing on other portions of the business to grow. So I would add to your list that we have a profit tree at Mt. Catlin that will produce for us at least until SDV gets going to full capacity.
Even when we were struggling with production and mining crap ore we managed a comfortable profit. When I think of the people selling their shares and calling this a dog I just LAUGH. I would love to have a business with this type long-term arrangement.
GXY Price at posting:
$1.97 Sentiment: Buy Disclosure: Held
