Buffetpicks & Bids a little Wacky...Not a hope that they will issue 400% more shares, or even do the maximum allowed RS. Do some DD before posting asinine comments - or, do you have an agenda?
This company will be profitable this year and even more so next year, and EVEN MORE SO in the subsequent years as production increases from 1500TPD this year, to 5000TPD in 2011 and 2012 and 10,000TPD in 2013.
A third party forecasts have Revenue, gold produced and Profit at the following levels for the next four years
2010: Rev: $16M, Gold Produced: 14,611 oz, Profit: $4.3M - Prod: 1500 tonnes/day
2011: Rev: $69.5M, Gold Produced: 63,135 oz, Profit: $19.5M - Prod: 5000TPD
2012: Rev: $69.5M, Gold Produced: 63,135 oz, Profit: $19.5M - Prod: 5000TPD
2113: rev $139M, Gold Produced 126,270 oz, Profit $41M - Prod - 10,000 TPD (Just as JIN has, and look at their market cap).
Yeah, your post is a smart one. Real smart.
BTW, bids are all over the place this morning... .135 to .15 to .155 showing 800k, etc... The downtrend may not be over just yet, but good things are on the horizon.
B