Ouarterly Report
posted on
May 16, 2008 04:20AM
Posted yesterday. The way I read it, the permit application will be filed this year. This is the only permit they need to start operations. I still think they?re going to sell to an existing mining outfit. The share buyback, in my opinion, is because they were afraid a miner could buy a majority of the shares, and take over the company. At 40 cents a share, the whole company could have been bought for around 50 million dollars. Talk about cheap! I also think they?d like to see the sp above a dollar, and soon. Hope I?m right, and I hope it happens! In any event, it certainly is an interesting time to be invested in this company.