Well, I'm sure there are several of the major mining Players licking their chops about acquiring or partnering with cheap assets like ours, especially at these depressed valuations.
Management and shareholders have to keep their eyes on the prize for the bigger gains to be made in the coming years. There's no reason to sell out cheap. We're actually in a good place at the moment IMO with the timing aspect of this downturn and when Springpole should get permitted. The picture for a higher gold price and a more positive economic outlook can change radically in the next two years, so the way I see it we're not really on the clock as a big takeover candidate until it becomes clear Springpole WILL be permitted. My guess is that will most likely happen at some point before we actually have the permitting in hand. So, time is still on our side to quote the Rolling Stones. I trust Keith with what we may see come at us. This is not his first rodeo and the main reason I'm invested here.
I don't think what's going on with the war and anything short of a nuclear attack was going to turn the gold price higher with the dollar doing what's it's done lately.
My guess is that the very strong dollar is becoming a BIG concern for the Banksters.
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