RE: RE: Richard reports
Guys....we are not down and out yet....remember we have about 80,000 oz. of Au sitting in a pile of ore just waiting to be milled. All that has to be done is start up the mill ....take a front end loader and lift and dump the ore into the processing system.
With gold at , or about $750.00USD per oz times 80,000 oz. = $60 million $$$$ ...that's gross in more ways, then one. If the world's financial systems go down the tube in coming weeks...it could be worth a lot more.
Sure we are pissed about what has happened, as I had said earlier...but we still have a mine and a mill.
All they have to do is mill this ore at a decent price....show some good profit and we are probably going to see some share price increase. The one thing that scares me is ....can Grahame do it??? Maybe with a third party operating the mill ...that could be the answer.
I'm still optimistic that there's money to be made ....what really scares me is the US method of transfering power between the outgoing president and the incoming president ....the outgoing guy could flush the whole world down the tube and not know it....
....Richard