Post by
johndunn98 on Sep 02, 2010 2:44pm
Turning off the Lights
Last guy standing please turn off the lights. They've been drilling for over 2 months now and not even an update let alone drill results. Swenarchuk saw the writing on the wall when he bailed. This sounds like an act of desperation doing a final PP at cheap prices before this company quietly fades into obscurity. I'm assuming the drilling of some of the anomalies isn't going well and they're raising money to drill the last of them before the lights go out. I've said in earlier posts that the combined Homestake Main and Silver deposits won't be an UG mine with grades of 5-6grams/tonne and I stand by that. They may bump up the AU gold equivalent ozs to 1 million but it won't be enough.
Hey Raulston and Coffin brothers, what do you think now? Sheesh.
JD
Comment by
ernesto47 on Sep 02, 2010 3:38pm
I am afraid, you might be dead right, I feel sorry for my 100K CAD-investment into this rubbish. Their was a swiss news letter trumpeting up this story overhere and I fell into the trap, I even doubled up and at the same time lokked into ATC at 12c and was not able to buy some, now we trade around 5 bucks, I feel so damned stupid!