The PP issue looms large, but it is not a done deal and has obviously run in to a "buzz saw" with regulators and shareholders. It may not happen, it may get scaled back, or it may go through and result in big dilution. That said.... there is serious value even if the stock is diluted. I see good risk reward at prices below the proposed PP price of $.50 and $.70. It seems like $.50 is worst case when looking at the production increase and rising gold prices. The junior miners are not for the faint of heart!
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