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Re: ddm1082 post# 49302

Tuesday, 05/27/2014 11:36:57 PM

Tuesday, May 27, 2014 11:36:57 PM

Post# of 72908
Surely it's going to be 9 months to a year… Permitting alone takes at least a month or two (sounds like they still haven't obtained it?) and we're talking about the gov't here… lol. I think it'll be after Christmas and before "Spring" before we really start to see things up and running, especially since it takes so much cash to start any building project and this slow dilution trickle generates but a pittance on the relative scale. I knew there had to be problems with the trial not being cost effective ("break even" or possibly loss, if you remember). That doesn't mean they won't make it in the long run ( I hope they do), but in terms of getting back to the old highs, I don't see that happening near term. IF we get a concrete plan with shorter timeline than I'm expecting (say, 6 months), we might see .02-.03 again near term, but the threat of another authorization increase will likely keep most people at bay for a little while. I'm going to hold out through these next updates, but if they're not substantial may move most of my $ out for the summer to re-enter post increase, if it passes. Either way we're likely to see some turbulence… sounds like a lot of people aren't very willing to play along given the lack of results from the last go-round. That said- initially they DID ask for a much higher authorization the last time, and cut it down, so it's possible this is the natural result of shareholders' outcry last year.

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