conversation with BernardHe is leaving this weekend for Africa to attend to business.
Attending mining conference in Capetown-meeting with oversea investors.
Next news release will discuss in depth the findings of the recent delinearization. This includes the new features not mentioned in the latest release.
The new bulk sampling ship from IMD is of high capacity and may take some 45 days (perhaps longer if weather disrupts) to complete (fast!)
Will use some 7 sqaure meters for the sampling instead of the 0.2 square metrea. This will give a MUCH better picture of our resource.
One big advantage of this new ship is that it does not need to anchor to do the sampling unlike the previous ship used in 2002. If you read the 2002 article about the sampling ALOT of time (and money) was spent simply setting and retreiving the anchors.
I asked if they would consider some small scale mining during this time and the answer was "absolutely".
So..
If I do the math - 1 small feature with 14000 car. at $300 is 4.2 mill. This can be mined in 2 weeks and would cover all the costs up to now!!!
DAMN - THAT"S exciting!
If anyone has ANY questions about their investment in this company I highly recommend calling AFA. Good things are coming. Eventually these penny flippers of 1-2 cents will stop to get the much higher gains we shoulod be getting. I F'in hate naked shorting!
All the best to all investors!
FKLOSTER