Engaged in the business of mining. The Company's objective is to define sufficient mineral reserves on the Property to justify the development of a mechanized mining operation.
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Once feasibility study is complete and production started (late 2008/early 2009) this will become a massive cash-flow positive company. It's time to accumulate a position now when it's cheap.
Anything new on this stock ?
No debt - some cash.
Someone seems to be accumulating ... lots of insider transactions around $0.50