GREY:GMFLF - Post by User
Comment by
gonefishing2on Jun 13, 2006 10:42pm
264 Views
Post# 10986178
RE: Colorado
RE: ColoradoHangtuf,
There was ore taken out by them in the past year and a half, they actually performed quite a few tests on these, pretty much none of them were made public in a news release (you can find the ones that were in the archives).
As for the comment: "George doesnt want to put it out right away given the fact Gold hasnt been moving in our direction. "
Wily old George has used that strategy many times in the past. He was saying that when gold was under $400. It is a good strategy, the problem is that when gold is on fire the releases do not come.
Regarding Budai, I find that he came out against CTG surprising. I guess in any contract that he "may have" signed with CTG "for possibly a fair bit of coin" when he was "possibly" given a large sum to write a recommendation in his newsletter that never came to light - had a clause with an expiration date to not turn on the stock. It appears that the clause expired.
Has anyone asked George why they never paid for that mine feasibility study that would confirm historical documents? Yes I know that it could have cost up to $500,000, but it would have sent the markets a great signal and popped up the price quickly rather than waiting until after the ore is mined (yes it would save $500,000 to mine without the study, but CTG has burned way more than $500,000 over the past few years with not much progress).
Where is Terry? Do they have the mining permit in place yet, with the environmental assessments....or just the exploration permit?
Littlejoe - you around?