Guyana Goldfields Inc New GUYFF

RE: RE: RE: C'mon Management

[eebler]

It might not be a bad thing though.  I agree that the slowdown is at face value a troublesome concern, but doing a Feasibility Study of any type is very expensive.  I guess they want to be considering all the factors at play, and with so much drilling going on maybe they would rather go for the gusto.   They have a bunch of drilling to do to convert Inferred to higher confidence categories, and they also have other hot prospects on their property.  It might in the long run be better because they could be looking at 5m-6m ozs of relatively high-grade gold.   There are not many 4 g/t properties out there any more that are good for open pit and can then use the cash proceeds to move underground.  I think everyone was looking for a reason to book profits, and so once everyone gets over the delay and realizes that the gold is still exactly where it was before, the trend will continue.

eebler