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Bullboard - Stock Discussion Forum Alhambra Resources Ltd. V.ALH

A gold exploration company

TSXV:ALH - Post Discussion

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Post by nowayout on Apr 24, 2013 2:26pm

why

Why is there never any positive news release with this outfit?

I cannot recall one since Sept, when people got excited about new board members. That did not seem to make any difference however.

Comment by Kid_Scythian on Apr 25, 2013 2:49pm
Putting my ‘Research Analyst’ hat on,  - - - based upon a detailed examination of all published ‘Management’s Discussion and Analysis of Financial Condition and Results of Operations’ (MD&A) reports, while taking into account well established trends, it is possible to firmly establish that, as of today, Alhambra has between 32,000 and 36,000 ounces of ‘recoverable gold’ stacked in various ...more  
Comment by greg3810 on Apr 26, 2013 10:28am
Dear Kid, I understand that the operations are "not functioning" that no one has been paid in country and no work is progressing on the heap. Thus there will be no cash coming in from the WIP. Please factor that into your calculations.  
Comment by Kid_Scythian on Apr 26, 2013 12:24pm
With all due respect, - your ‘understanding’ is entirely wrong and things are exactly as I described them; while no ‘new’ stacking is going on, gold is currently being processed and extracted from the heap.
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