Thursday, January 22, 2015 2:59:20 PM
Just waiting and watching.
For my two Scents - What are CEO has done (except for his lack of info) is the best way to develop our asset. My guess, and only a guess, is the the big "F" was willing to buy in for 5MM is drilling only. Making it a cheap bet for a potentally a great property. I'm thinking that "F" was not in a hurry to develop the Mexus paroperty as they already have their neighbor mine. With Paul not giving up conrol would "force" them to drill, mine plan and start in a timely fashion. PT gave them a lot of opportunity to sharpen their pencils and they did not, so Paul has optioned for plan "B". What that is we don't know, but I'm thinking it is 1. Placer for cash flow/daily expenses and shaft ore thru the mill/sluice for drilling costs to develop a real asset report. Might take another year though.
What does this mean for shareholders? Don't know, but unlikely to get a BIG jump, but small, but steady climb associated with REAL data/PRs. Time will tell and we still have the San Felix/Ures Claim info to come in 8 weeks or so.
Long and strong and hoping for no significant price increase as my IRA diviends start to flow next Monday.
Patience for the Juniors and patience will be advantage with higher Au prices.
a
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