Anything is possible. I know that they need another 20 million in order to finance reopening of the Faro Mine. They are talking about special notes, but whether it would be shares, I don't know. I think that regardless of financing proceedure, stock will run up on the news of mine reopening, and that's all that I am waiting for. I don't believe that this company might do a miricale, because Fari mine is very uneconomic, sort of speaking. And if the price of zinc goes down by a bit, Anvil is out of bussiness.
For now, I am talking Marck. I believe that stock coult be way over $3.50. What happens afterwords, longrun, I can't predict...
Regards, Roman |
