Tuna
in response to
by
posted on
Apr 26, 2012 10:31AM
(Edit this Message from the "Fast Facts" Section)
Who said AS is lending 10-15 million dollars? 8% is a lot better than what any bank is offering. Risk? Go the mill and let me know if you think there's a risk. Better yet, go to the refinery and see the dore bars and let me know if you think you're investing in "The Hoffmans", "Dakota Fred", or a public trading company that has historical resource data that is UNBELIEVABLE and UNHEARD of.
AS has been in this for years and owns millions of shares already. He knows and loves the story and now feels its time to step in and get results---BUYOUTS
Only way PQ is going to get top dollar for both companies is if some big boys step in with deep pockets to bring this company to the level it needs to get to.
10 million is needed from A-Z. I doubt we will get anywhere near Z before someone like Barrick steps in and takes us over. Keep in mind that Kinross has current projects going with Barrick, and Kinross is probably pulling their hair at this point that they lost this mountain. They saved the best for last, but gold was not profitable then, so they let it go into foreclosure. Gold is now at $1,650/oz which makes our investment and property enticing.