RE:16 mil to buy goldEarlier post. 16mil to buy gold was supposed to be a joke! They started production last Oct. As at the end of June they had to purchase gold again. Show me where that is in the AMDAD or any where else for that matter. Totally SURPRISED they had to buy gold again and at the cash burn rate (26mil since March and 10mil left).
Hope the production picks up, 2mil is July is a start. Need commercial prod fast along with good drilling results (new drill in Sept should help alot). Still some hope!