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Message Boards Settings BAJA MINING CORP COM NPV (BAJ.TO) - Quote Info
More delays--Share Price Drops-Press Release     28-Oct-09 02:54 pm    
Well the share price of Baja has been dropping lately and the press release came out today acknowledging that the capital cost estimate has been delayed but that it now is "expected to be released shortly" etc. etc. After they finish the cost estimate, that helps with the structuring and negotiation of the actual financing package. Of course, there was also the statement that interested parties will "require time" to review the updated capital cost estimate etc. So who knows realistically how long all of this is going to take.

With that said, it isn't like the company isn't moving forward all other aspects of the project and this was spelled out in the press release.

Bottom line-- I can understand the share price drop and no one likes delays but I might use this as an opportunity to pick up some more shares since the project itself and figures are still robust.
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More delays--Share Price Drops-Press Release
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On Nov 27: 0.64 Down 0.05 (7.25%)
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