Re: Pretty quiet here...
in response to
by
posted on
Nov 30, 2010 08:22PM
(Edit this Message from the "Fast Facts" Section)
So here's Anton's PR schedule for now until the end of the year posted a couple weeks ago:
1)First revenue received from sale of first shipment of concentrate
2)Second shipment sent to smelter
3)Announcement of high grade commercial production of OSo Zone tailings
4)Stock buy-back of 15% of money received from first smelt sale
5)Bring high profile mining people onto company director/board.
Today's PR did about 75% of #1 (no revenue yet, but imminent, and we don't know how much), and 25% of #4 (said they're still going to do it, but still need revenue and actually doing it). So that leaves announcements of numbers and actual revenue for #1, and actually carrying out a share buyback for #4. I think both those announcements may have more effect on the sp than today's announcements. I think that the actual revenue numbers, combined with announcements of a second shipment (remember, that 500 lbs was from 20 days of production, and it's been 6 months) are going to astound the market. And a share buyback, for a company only 6 months into production, will further convince the market that the numbers are real. And when they announce the grades for the Oso ore, which should be 2-4 x what they have been processing? Yes, the real fireworks will start soon. And these are just the things that we know will happen. What would be the effect on the sp if someone really high profile is brought on board? Especially if the rumors are true...