Red Lake Madsen Mine Ltd LRTNF

Still no update

[thelostarc]

On the operations, how many tons and the grades they are pulling out. While Maryse was in charge, mining mattered. Now that Maryse is gone from the operation... after less than 2 months on the job... we don't get any more mining updates. 

Without information on tons and grades coming out of the mine, it is impossible for anyone to tell what's going to happen with this company. They are burning cash... fast... and if we have to do another PP we will know that they won't be able to get this mine to steady state production. Ramp up is now slated for the end of 2022. Isn't it something when a company slips in delays and missed deadlines as notes in the investor presentations?

Management should really do more to regain the trust of investors. Timely news releases about production would go a long way.