Steven, while I can understand your point about BLK and the negatively surrounding it. BLKs issue has not been the plant. In fact, its probably the best bit of the company, its been humming compared to its terrible management.
If you have the time, here is a little history on Bronzewing mine. Particularly on the plant, which has undergone numerous upgrades. Far as I can tell, not once was the plant the issue for its earlier operators failing to make a profit. It was all about grade (and the inability to fill the plant at times). Something, with EAR will hopefully not have an issue with because it is going to take its time to ensure it minealbe ore and grades actually match reality. Oh, and the grades EAR have already are far superior to what Navigator achieved.
That being said, EAR could easily fail just like any miner if it does not have the right team in place to not just bring the plant back into operation, but ensure its fed with good grade ore 24 hours a day.
EAR Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
