RE: Huge undeveloped reservesHere is another interesting piece of hearsay...
For what it's worth.... Glen Little said:
"There are some 20 holes on the property that locals had been mining by following the veins into the ground" (apparently the old fashion way....) "and non of these have ever been touched by a drill"
"When they bought the property they had to kick the people off"
He also told me that the board decided to drop him and the other IR support guy "to stay as cash flow positive as possible" "targeting $600K or better per month in the short term"
Yeah... I know.... it's IR.
but ..... maybe theres some truth in there somewhere.
Heck....he was off the payroll when we spoke. (that makes it better right... : -)
Cheers....