Lee-it's not often I agree with a "1 poster" but I have asked myself that question a hundred times. Legals done,fully financed,huge mineralized license area, whats not to like ? It' s very,very strange !
The 30% (ish) scenarios tend to happen to producers i.e. when the share price has already grown to that of a producer and reflects to some extent the incoming cash/revenue. To buy an explorer and/or a mine developer would be multiples of it's current sp.
from the inaccurate rambling rubbish of the Trolls but some may be interested in 1.New Rackla >> Goldenhawke site.......... https://t.co/qHIiobAxF1 2.@ruffles80 ?? Hot ?? "A further meeting took place yesterday between the main interested party and ARCM........." Sorry to introduce facts to their fantasy-
" I hope the USA does not fight the Russians down to the last Ukrainian". Zaph-my thoughts exactly and I know this is not the right place but your phrase sums it up totally for me. The US is counting monetary( present and future) gain and not Ukranian lives.
As ever sewing, the old Troll is up to her old clueless rubbish.The bottom line is that if there were any" material difference" in what was being given to MM (i.e. other than the 8km2) then it would have had to have been notified-it hasn't and it won't. MM is out of the picture with Arc retaining all that was previously notified.
Reggie-we will have to agree to disagree-I see their caution as being "belt and braces" (Covid really didn't help with timelines)- anyone invested in the mining sector knows and accepts that timelines slip,but I would rather we were well financed and financially prepared for any potential delays (and made shareholders aware of that fact).The size of the financing package is an amazing achievement for a junior (with amazing assets)so I applaud their caution which means to me that we are not about to become another version of SXX that majors step in and "buy for a song" I think it's just my glass half full view Atb f29
@Reggie-I don't think anyone here has a problem with opposing/alternate views,and I always try and look for the negatives in an investment, but your comments "They haven’t even got a shovel in the ground yet, unsurprisingly moving at a snails pace as with everything they do. Emphasis on the cost overruns already starting". Are naive and deliberately and desperately searching for a negative again-I wonder why ?
@Reggie-should they have started the mine without the finances fully signed off then ? That would have been deemed irresponsible- if it had all fallen through at the last minute-wouldn't it !!
Clueless-" asleep here for two years" and only a member since Fer 22-always posting with Ella and first post a mirror copy of her rubbish-reported for multiple IDs and blocked.
The troll "saying" she has bought here, is akin to Putin realizing what a lovely country Ukraine is and buying a holiday home there.The only problem is with both scenarios that "the locals" will never forget or forgive what you tried to achieve,and the "shameful" way you tried to achieve it. Both are "fruit loops" totally obsessed with themselves.