Brendan,
Actually the hardest part IS the permit. That takes the most time, as we have seen, and is probably the most unpredictable.
Have faith in CGFIA's management. They can handle the job ahead.
Not long ago, I acquired a position in another junior gold mining operation, and they have just started producing gold. Everyone said that the company would never get off the ground because the principals involved didn't have ANY mining experience. Word had it that these guys were certifiably crazy and would be wasting their and the investor's money. At one point the PPS was in triple zero territory. (Sound familiar?)
These guys may be crazy, but they are rich now, and will be filthy rich real soon.
(I doubled my meager investment so far and see much more to come)
It is the companies that succeed, when everyone says they can't, that are the best investments. They can go from pico-cents to dimes.
Oh, and as far as buyouts, it may happen, it may not. But as investors, we make money both ways. Neither will be overnight events. But that is a whole different line of discussion, best saved for after mill re-approval.
CGFIA
I just hang out here for the fun of it, that
doesn't mean I'm smart.
