Add in we may be seeing some preliminary drill results on the Kitchen and Flow zones and we could see a considerable jump in share price.
I hope PVG hits the ground in a sprint to start construction. Fast tracking this mine seems imperative with the unstable world economy and a host of other factors that could launch gold prices.
Would be nice for final permitting to show up on the heels of that update. Nailing down financing should kick the project into high gear ASAP.
It would be a reasonable expectation that PVG would be well beyond "planning construction. My question is: what conditions must still be met and when is construction expected to start.
This was sent to PVG but the last email went unanswered.
Coulda been TNLP I guess.
Seems like PVG should launch from that point.
Given how much PVG brought in $-wise from the 200 ton sample I'd like to see them start with a smaller plant and self-fund as much as possible. Maybe we could eliminate the equity funding or minimize it that way.
Regardless, I'd like to see this project fast-tracked to the max on a 24/7 schedule if possible. There's way too much instability world wide to NOT get this thing up and producing ASAP!
Infill drilling at the main site coupled with sample drillings just now starting to come in form a pretty solid base to go into the Fall/Winter with. I hope the weather holds long enough to get the electrical lines in. I'd like to see Quartermain fast track this mine in every way possible.
I'm not sure of the timing of these results but it seems reasonable they will come close to coinciding with permitting. At that point it may be very difficult for the naked shorts to keep this stock down.
I'm far, very far, from an expert myself but the the Flow and Kitchen zones showing great promise plus a large land package to yet explore I hope to hell no one steps up just yet. Drilling results for the Flow and Kitchen zones should probably come in the next month or two. Let's see what that produces.
Alright! Now, let's nail down financing and fast-track this mine. If drill results are positive on the Flow and Kitchen zones...will that enhance the financing package? Anyone?
On reviewing your link it looks to me that PVG's aerial exploration might have contributed to the interest in the adjoining properties. The potential for other world class drill results is reasonably high IMO.
If memory serves the financing package will come in around 740 to 760 million...way less than most start ups and a much quicker estimated payback.
Does anyone remember the dynamics surrounding the decision to buy into PGLC? Is it just shares they bought or was there some kind of streaming deal included?