Re: news yahoo finance
in response to
by
posted on
Jul 18, 2013 07:35PM
Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.
Here is what they will do with the $2.1 million...piss it away. In my view the key value drivers in a mining market that is in the dumpster are properties that are in or about to be in production. Everything else is valued at zero. Argex is the only thing we have that is close to producing some $$. So let's just sell those shares so we can buy more "magic beans" . Then let's continue to pour money into the magic beans. At the end of the day we will have sold our valued asset for magic beans and the magic beans will die on the vine due to a lack of funding out there for magic beans. Where in the business plan does it state that our goal is to have the lowest priced stock on the TSX-V? All in my humble opinion.