Id be interested in any comments re this company. Have held for a long time. They seem to be talking up their resource which even with what they have should, prior to upgrade,have the SP substantially higher. Concerned about the new management takover and what they may be doing/not doing? also, around 40% the company spend both this quarter and for the year has been on "admin". If they prove up around the stated target resource of 500,000 oz one may not be as concerned about this but in my limited experience this sounds high. Does the limited funds and potential resource upgrade make this minnow a takeover target? will they need to do another raising soon or would finding a partner be a better option? Any thoughts greatly apreciated.
TMX Price at posting:
0.0¢ Sentiment: None Disclosure: Held
