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Re: modrica post# 60214

Friday, 01/11/2013 7:47:34 AM

Friday, January 11, 2013 7:47:34 AM

Post# of 67010
One could assume they keep costs down and employ outside contractors, many Vancouver companies operate that way. Fact that company controls a mill is a big plus.Plus CFO makes a lot mroe than CEO and seems main driving force - certainly he wil make sure there is enough volume in stock so he can get paid !

On the other hand to get an outside preliminary economic assessment or scoping study to support August production date, and revenue/profit/production forecasts would go a long way to establishing support for this company.

Perhaps more interesting is whether this is an exploration company or a development stage pre-production company. Their 10k pretty darn clear that they havent done sufficient exploration to detemrine commercial viability. Maybe they should market themselves more for exploration potential ?

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