GREY:NWMMF - Post by User
Comment by
stu.2on Jan 11, 2013 10:10pm
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Post# 20828961
RE: 100 ounces
RE: 100 ounces Kykory you were correct once before I hope you are again...to jump up from 4700 ounces a quarter to 9000 ounces (according to your source) would be impressive and profitable since they have limited capital cost injections in the 4th quarter to increase cash flow
We do need an update soon...what happened to the pp??? Operations may have been improved with the new operations team but the financing ability of management has yet to be proven and has been a utter failure in the past....It would be sad that a good, undervalued and underexplored property fails due to managements inability to handle finances albiet in a difficult climate....
Key decisions need to be made soon including our own concerning the 10 to 1 one consolidation...at this point I'm a no but I could be swayed if production has improved to the degree stated by kykory's source and managements circular make some valid arguements....
All speculation at this point
GLTA