Edison14 May 2020 13:16
Been reading back through Edison report 3 December 19, I know they are slightly in bed with us so to speak, but as I study mining more, and having/being invested in others, starting to get better feels of where we are, this December being a certain deadline for lots of updates information, hopefully improving on... don't see how it cant
Remembering back I know red had reservations on certain points on that pfs, but the 10% of mpv 80mill m/cap at that point, does seem to be a fair valuation, Maine problem hear being valued per share @ 10% of that, is if you have confidence, a dam good position to be in, it only goes two ways, it folds up like a deck chair, or Ry and the team are working like mad in the background confident in what they see, and know the share holders are going to be happy eventually, TEO links straight to an updated PFS and if the numbers add up, it's going to get interesting very quick, with a slightly warning of share fluctuation/manipulation by day traders, if you been hear from the 44p days just expect it and try not to panic, after PFS we get to BFS, and form what I see once you have that your pretty much 100% might sound rampy, hopefully RED and tricky will pick at what I've said, my simple position is I am hear to ride this crazy ***** to the holy land, with the always possible to get a smacking straight in the kisser with a low hanging tree branch, surfice to say I am still okay with my position as I learn more of are vulnerabilitys that seem to be the industry standard, we have a lot of resource that the world will need at some point, it's going to get interesting real quick from December I personally am not worrying longer term if we get some more dilution in share volume, there still plenty of room and it's almost expected, and it means we are getting closer and closer, getting a royalty agreement isn't a bad way of moving along nicely, it's certainly strengthened solg position for the longer term IMOP
Ignoring the share manipulations profiting that are the norm with all these projects