Post by
astro2820 on Dec 31, 2012 9:49am
A fire Sale
3,000 TPD at 4.3 produces 136,000 ozs per year, 5,500 TPD at 4.3 produces 249,000 ozs. Am I missing something at a share price of .73? I don'tthink so.
Comment by
geoffs13 on Dec 31, 2012 10:14am
I THINK THE MARKET IS WAITING FOR ACTUAL NUMBERS ,THEY HAVE HEARD TONY's COMMENTS BEFORE . That is the part that hurts ,someone posted Tony now knows the problem as he has hired some guy to look at the problem starting Jan 15 2013
Comment by
maurizion on Dec 31, 2012 12:33pm
The only thing you are missing is that with the track record of this company 5500 TPD could be five years from now with 1 billion shares. I hope not but they are ridiculously slow at getting things done. Many others have started after them and have passed them significanly already in producing ounces.
Comment by
IMgolden on Dec 31, 2012 6:42pm
maurizion, I think some of what you say is already built into the share price. That's why it's so low right now. People are gun-shy of this stock right now and this has show in the stock price. They need to prove they can meet or beat expectations.