IKN

children of an idle brain
01 / 30 / 14

Checking in on that Sulliden (SUE.to) Rorschach test

Back on September 11th last year, IKN went with this post on Sulliden (SUE.to) (text only, you miss out on the chortleworthy image if you don’t click through):

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A Rorschach test for your broker on LatAm political risk for mining

It’s an easy one, too: If your broker advises you to buy Sulliden (SUE.to) today on the back of this news…

TORONTO, Sept. 11, 2013 /PRNewswire/ – Sulliden Gold Corporation Ltd. (“Sulliden”, or the “Company”) (SUE.TO) (SUE.TO) (SDDDF) announces that Peru’s Ministry of Energy and Mines (“MINEM”) has approved the Environmental Impact Assessment (“EIA”) for the Shahuindo gold and silver project in northern Peru. The approval of the EIA is the key milestone in the advancement of the project towards the construction phase. Continues here

… because the Shahuindo project is now de-risked, fire your broker. Or put another way, try not to be as stupid with your money as Agnico Eagle.

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Sooooooo…how have things been since then?




Oh goody, time for the return of Owly! What say you, Owly?

Yeah, thought you’d say that. Still, as soon as SUE.to wraps up its financing package things will be different and we can be almost quite definitely nearly absolutely certain(ish) that they’re not having any issues with raising the cash for Shahuindo. Right, Justin?

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