Post by
crockrocks on Jul 05, 2011 6:43pm
SAD
Traders said the deposits to the north east and south of its existing Marropino mine deposits would not be economic to mine at grades reported on Monday.
“In our view the company needs to get back to basics and focus on getting the existing operation to 600k lbs per annum in the least dilutive fashion to equity holders,” said Canaccord Genuity.
Comment by
jogajoga on Jul 07, 2011 1:19pm
Very Sad ,,no light in sight yet ,,Beaten down to MUD what are chances of selling out whole Company ???
Comment by
rover2019 on Aug 02, 2011 3:09am
I am a little worried that this financing they said will have to be done will be very dilutive for the structure. For me, the shine came off this one a while ago sadly.