Agree.......Yes that was my motivation for the post and its perspective .........the ref to 2016
I was intending to present a different view of our situation but that will do for some other time I hope...!!
The general news flow on Pat isn't out of time line yet as such but the possibility is looming. Now Shinning have made their reference to 2016 we are all wondering what was said to Shinning by our BOD. So we are all hypersensitive to the Pat time line now and by implication the eia which will be our litmus paper now.
Dustie. Althoufgh Steel doesn't agree, I still think that Shining with it's offices in hong kong and beijing will give us a line to Chinese finance re open pit Pag. I am sure that this will be the last dilution we see and could see shining putting out again. I think we can see that the present cash will run out before mine build at pag and didn't like Lin's reference to 2016. The main hope is that in a shorter time frame Picashos or/and Guam will show signs of going into production, which will give us better bargaining power when it comes to raising the 60 to 80 mil $'s needed for pat. GS was when he took over from Mike announced as the man to take Herencia through to production; a miner rather than a prospector. I still believe that to be the case. After today's announcement regarding Lind, I still believe they will continue to sell short term. Nyrstar, think they'll hold on to there piece of the cake. They didn't get that many shares at lind prices and in the past kept their 10% at a much higher sp. They still have , as you know, someone on the board, and it would take very little expense to bring them once again above that 10% threshold. Shining? not sure what their plan is. But your right, it's time to bring this company to fruition. We have, what, 12 months grace; which depends on how much drilling we intend to to do , ; not cheap. but we need those EIA's and licences before we can negotiate for cash; but perhaps this is where our Mr Lin will come into play with his position on the board. GL
Can't see how it relates to 2shares. As you know he always stated he only held shares in two companies. SLE and his favorite NRRP, and that he intended to become 1share as soon as he could sell SLE. Was/is holding 10 mil NRRP . He contributed daily to that bb, often several posts each day, and then around 19th. Sept disappeared.He talked of having to get over Dengue fever on his return from Thailand. Be a very sad day indeed if he is no longer with us. I know him and corbs go way back so was just wondering if corbs had any means of contact away from the bb's. GL
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.