posted on
Mar 17, 2013 08:50PM
Ike, As Tyhee works it's way through the Environmental, Permitting and Financing there will be a constant drain on the treasury. Repeated dilutions via PP will affect us all. The SP will languish in a range. There will not be a sustained pop unless the above occurs in conjunction with a steadily rising POG.. It is comforting in a perverse way that we are attracting capital albeit at a low SP. Two things that also give me comfort is the need for continued mining ventures to replace those going off stream in the NWT and the previously mentioned rising POG. Without these two additional factors I would say that we are royally f.......d.