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Re: None

Wednesday, 07/29/2009 3:35:51 PM

Wednesday, July 29, 2009 3:35:51 PM

Post# of 165854
In my opinion Keevil, the CEO of SRSR saying we have to spend another 18 months drilling to complete the tests of the D or Hawke zone was the big reason this share went down so much. I think a lot of people aren't interested in waiting 18 months for the next fase to begin. The next fase by the way is the feasibility study and the enviromental damage study. After that it will take about a year or 2 to get all the permits. I don't know how fast the government works in Canada. Then Keevil can ask for money by JV or uptake or stock issue to pay for the most expensive part of the 5-10 year development schedule of an average mine, namely buiding the mine itself, the roads the buildings, getting the trucks and the people to work there. All in all I don't imagine people will wanna buy the stock now and wait for all this time. Just my opinion.