Re: Boiled Carrots & Taters-cinema show
posted on
Jul 17, 2013 11:18AM
CS:..... IMO you are correct, particularly re dilution). Essentially my main concern is that the recent MD&A update indicates that the financing is not yet done (I wouldn't finance either, if / until the Ontario govt commits funding of infastructure). This leads to another winter road purchase/movement of equipment/supplies etc necessary to start / build ramp/ camp/fuel necessary to (using prepermitting authorizations) meet the published FS timetable.
I repeat: three winters of construction are needed to mine by q4, 2016. The recent md&a reads that this target is/has been missed. This means that the mine build is NOT on schedule as assured recently by management.
I hope I'm wrong.
Peter