RE: poll to replace CEOWhat a world we live in! The markets drop like they never have before, the US is out of control in a downward spiral, and "we" want to tar and feather Mr. McNeil. Well folks, I know him and had a long chat on the street with him the other day. For you to suggest he is incompetent, slow, or blah blah, it is absolutely ridiculous.
Yep, they have had problems, the AMEC report was less than their own geos (equally competent) believe is there, but I will tell you this. The 43 101 Reserve will be out before the end of the year, and likely the Bankable soon thereafter.
30 million carats in situ. 60,000 tons of kimby a day at 20 cpht at $220 - you do the math.
I am sick of the stupid, uninformed comments on this BB, which used to be intelligent.
Am I happy about the share price but two of the finest base metal companies are Teck Cominco and FNX - the first Was a 'great' buy at $40 and is now about $15 and the latter was $37 and is now about $5. Both are producing Canadian companies. Potash form $240 to $90 and Cameco from $48 to $14. Both are the world's largest in their fields.
Risk and Reward folks, right now the risk is less than it ever was.
Regards,
The Grizz