Value Microcaps Junior Miners

[CPTMatt]

Yes but why wouldn't they have contingencies in place? They had to know the issue w/ the mill was coming. They issue a PR that basically says they've shut down and don't know when they will start back up. Meanwhile they just did a financing that requires gold delivery by end of June (< 2 months from now).

They get an F for planning on this as well as communicating. Certainly it isn't good news and perhaps with the mill there isn't anything they could do. But that doesn't excuse the fact that a PR saying the mill deal was terminated but they're falling back on trucking ore to XYZ mill in the meantime which will incrementally increase costs by X% while they attempt to find a solution w/ RedStone would have been much better.

I thought CAD 0.095/0.10 was a pretty good price until this morning.

You're correct that there is value here but my faith in Greg has been significantly diminished.