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Re: PureZoob post# 7836

Sunday, 05/05/2024 8:47:43 AM

Sunday, May 05, 2024 8:47:43 AM

Post# of 7878
I think they want to. Everyone wants to make $$ and Kearney is putting in his own $ to keep it running until financing is secured. Like all loans for operating capital, sometimes the landscape is just not favorable and takes time, perhaps years. High interest rates, banks being risk averse, even with a good PEA/ feasibility study in the current climate. I'm hoping for something to unfold/move near the end of 2024. That's just me. I think if there's a change from Biden, things are going to start opening up and inflation and interest rates will go down with a refocus on energy production. Much of the 'infrastructure' related to Houston is regarding transportation (Rail line, roads) and the equipment. Again, I think all tied to the cost of doing business. Investment Capital is just not cheap/favorable right now.

Like some of the stalwarts here, I'm in it for the long haul. Unlike many OTC stocks, this one has had a track record in the past WHEN it has been operational and mining. Anywhere from a few $ per share to over $11 pps at one point...and I think it'll move fast once financing is secured. Their website is alive and well and updated now. It's not far advanced or interactive but it does give necessary info. Again to invest in this one you have to have patience. This board is cathartic in many regards for us long time investors. Again, I urge you to look back historically when they were mining in the 2010-2012 date ranges.