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Re: n3m3sis post# 1384

Wednesday, 10/11/2017 12:03:54 PM

Wednesday, October 11, 2017 12:03:54 PM

Post# of 1870
yep, the market is trying to crunch numbers as of today. Huge amounts of institutional money will pour in over the next couple of weeks and months, quietly, carefully.......but the news today will spread.

and this ain't any retail owned biotech for mo mo traders; these guys will commit large amounts of money based on the obvious fundamentals now apparent.

shorts have one desperate prayer, that the POG will collapse in the next couple of months to sub 10 bucks a share. Yea sure thing, lol...and there really is an easter bunny.

What the market will not figure out until december, when we file for our permit to expand the mine, is the most recent comment by our CEO at the Denver Gold summit, from a couple of weeks ago. He said, quite distinctly, as I early summarized, that they were looking at expanding the permit "north of 3499 tons per day." This was his exact phrase. My recent post where I went to the transcript of the oral presentation, showing the times when he talked about the permit is here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135126903

Until this comment he had recently mentioned, at the R and R conference before that, of permit expansion of 3300 tpd. Either way is astounding, but because CEO's almost always speak in terms of 100s of tons per day, I am expecting a minimum of 3500 TPD, or might we see 3600 or even 3700?


I saw a recent comment from the company that they had built the mine "very conservatively." This may have been an analyst recently commenting on the mine's prospects and actually I think it was. Still this language would have come from his discussions with management. Another great sign.. The implications for earnings, in lieu of today's news, are almost staggering. We will have the permit application filed "by year end," at the latest, per CEO twice now on the record at the two conferences, perhaps much sooner. stay tuned.