Re: closed circuit system
in response to
by
posted on
Mar 30, 2012 05:04PM
(Edit this Message from the "Fast Facts" Section)
Which, sigh, Spiny...tells us all that if the focus had been on drilling the mountain from square one the whole story would have unfolded very differently. We all thought it (milling)was brilliant for a time so I plead guilty...but then PQ should have known a lot more about mining than the rest of us... as John Embry's original words of caution on all juniors now burns in my soul: 'always look at management before all else'. For the second time in my life, I did not heed his advice....and it has cost big time, tiime wise.
So, we now wait for the future developments that have put PQ in the very unenviable position that he never wanted to be in in the first place...hat in hand for financing.
The big boys have him where they want him and they will get their pound of flesh. Dealing from a position of weakness has finally been realized.
Yes, the stock will appreciate as we move forward...but patience will be taken to the extreme.
$1 to $2 by year end IF the gold stocks are allowed to move freely.