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I cover junior mining and technology/bio tech stocks with a focus on the TSX and TSX-V.
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  • Freyja's Mexico Copper In The Financial Post 1 comment
    Feb 13, 2014 3:31 PM | about stocks: DFCPF

    Freyja Resources (Freyja(OTC:DFCPF)) CEO André St-Michel is interviewed in the Financial Post. Smart guy.

    For St-Michel getting to production means that the exploration of the remaining mineralized corridor of Las Cristas would become self financing. "We are looking for 4-6 million tons of open pit resource along the corridor. But we will also be drilling below the water table where there are indications of copper sulphites and silver which appear to be very rich."

    In a market where full project financing is difficult to obtain, St-Michel's bootstrap strategy short circuits the path to production. "We use the cash from the early production to finance the drilling and repay any debt we take on to produce the copper."

    Read the rest of the article here

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: copper, mexico Stocks: DFCPF
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  • Kevin Stock
    , contributor
    Comment (1) | Send Message
     
    Thanks for sharing this great articles. We should see a lot of action on the stock this week. The company Freyja Resources (http://bit.ly/1pTmpcp) is on a road show all week long across Canada. TSX-V: FRA
    3 Apr, 01:10 AM Reply Like
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