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It now appears, and the managing director has

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downthehatch   Tuesday, 06/29/21 10:39:54 AM
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It now appears, and the managing director has shared in conversations, that the best option for the company is to sell or partner on the Sergevskoye mine, and take advantage of the proven reserves and the proven ability of the mine to produce easily mined and processed ore at the site.

The company has spent about three years doing exploration that confirmed and greatly enlarged the inferred resources at the site, as well as defining new areas of substantial mineralization.

The pilot mining conducted last year proved that the mine can produce usable, high grade ore, which can be easily processed.

I believe the share price at this level is about 50%- 80% undervalued, from what a willing buyer would pay for the Sergevskoye mine property.

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