RE: Proactive Investors11 Feb 2019 19:16
I too have been a share holder for longer than I care to remember. My take on things FWIW...
Although this share has been frustrating to say the least, credit where it's due, I do think the company are now sat on something potentially very big. It's just where do they go from here? The last two Proactive Investor podcasts sounded particularly upbeat and I would be surprised if there is yet another fundraising announced. I can only see a JV or buy out as the way ahead.
As Mads has alluded to, the board are not getting any younger and I can't help but feel why would they bother with all the hassle of this, especially given Landore's location in the wilds of Canada, if they weren't very confident that this has the potential to become a multi-million ounce deposit. Add to that the exceptional extraction rate just announced etc etc.
I could certainly think of better things to do with my retirement!
RD