Is there any value left here ? I bought shares a couple of years ago and they look to be pretty worthless now. Does anyone have any timeline when real developments might take place ? Not the circle jerk that politicians are so good at.
projected 2016 mining build on project however language must change in the agreement. I think a few years is more realistic for this to even move up. keep in mind public offerings or warrants could drag this out even longer due to dilution
All I can guess is that money was raised through a stock offering and they have spent it over the last few years with little to show for it. It could be another 20 years before mining operations start and several public offerings will come and go before then. There are always people willing to take a flyer on the off chance that this time will be different. Oh well, it was a spec investment anyway and I lose money on most of my spec investments, but every once in a while I win spectacularly on one. This just wasn't it.