GREY:MRBAF - Post by User
Comment by
bull_manon Jan 23, 2012 8:38pm
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Post# 19439451
RE: RE: RE: Expecting a positive report on the 22n
RE: RE: RE: Expecting a positive report on the 22n hard to believe that just a few short years ago, we were trading in the $7 range; now we are struggling to stay above a buck......yes unfortunately the mine was being constructed during what most people called the biggest downturn in the global economy since the great depression, giving rise to the massive share dilution and debt, however, management has not done their job on the cost reduction side of things, something that IS within their control.......how could unit costs go up, when production is at record levels? just when analysts were starting to get cozy to the mirabela story...........no excuse.