tectol's Profile
tectol's Posts
I can tell nothing is going on regarding shale gas in Quebec at the present time .
A new legislation concerning mining is about to be adopted in the province anytime soon , The " Plan Nord " is also getting momentum and the govt. has made good moves to bring the environmentalists on his side , although ...
Shale gas still remains a long way ahead it seems , in regions where it's concerned . But elections are in sight and the actual govt. should remain in place and still push forwards with it's plan .
Energy prices and employment might unlock the situation in the future .
Tec
http://www.bloomberg.com/news/2012-02-07/americans-gaining-energy-independence-with-u-s-as-top-producer.html
Thank's for the info , sure hope it's heading that way , i still believe this is a good mine , to come . Just too bad there's been so much share dilution over the last couple of years , i still expect a pp over the next few months .
Regards
Tec
Last year was a let down from the company after lifting expectations , now let's hope this year will be in line with expectations .
We're impatiently waiting to hear from the sale of last years remaining of the bulk sample that has been postponed for better silver prices , the strategy is wise considering the depressed prices of late last year and expectations for silver prices this year . The price has already improved significantly and i read it should improve even more significantly before the end of this year .
Expectations run between $50 and $70 . Yea right let's not get carried away too much , but let's say the future might hold some interesting surprises for cmb stockholder this year if management can deliver what they promise and make promises they can deliver .
We also hope the mill will start grinding and money will start pouring in . In the best of world the current sp could end the year multiplied by 2 , 3 or even 4 , with a little luck , a bit of good wether , and a lot of work supported by intelligent management , cause there's no doubt in my mind the goods are there in high quantity .
Tec
Question is how much doe is needed and how will it be raised ?
Partnership ? PP(s) ? Borrowing ?
Somehow i expect a new PP in a near future , can only hope it will be above the current price . We also need more encouraging news before raising new capital in order to support or lift the price for at least a month , so we could hope for that PP to be in the $0.40 range .
I'd hate to see a buyer come up at this time i think this stock is so undervalued .
GLTA
Tec