RE: RE: If this production keeps up
160K
The stock was having a great run last month but was meet with a big wall of stock mostly by 01 anonymous.
Then the price drop back down, insiders got 17million shs at 0.07, why not lock in at 10 cents, why not delay the
payment like creditors had to do and wait for cash. Why preferential treatment from one creditor to another.
Tactics like does not help shareholders confidence in the company.
Issues still unresolved
1. Grade is still an issue., should be 2.9 instead of 1.8
2. Cost per ounce looks bad, would improve if better grade and better recoveries was in place.
3. Recoveries, are lower because of increased tonnage being forced thru, retention leach time is longer than expected, better to process 800 tonnes per day and get 85 percent recovery, cost go down, recoveries up and project last longer.
Are we selling tonnes or are we selling gold., id go with gold.