NYSEAM:TLR - Post by User
Post by
chux02on Dec 21, 2010 8:01pm
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Post# 17879493
From Today's NR
From Today's NR"Timberline has also been advised that development costs for the mine at Butte Highlands, which are funded to production entirely by Highland, may now approach $24 million, as compared to the $17 million previously reported."
WTF? You're telling me they missed by almost 33% and at $1400 gold??? Someone's hide ought to be tacked on the mine wall for that....mistake or oversight. That's inexcusable these days. This looks like somebody's first rodeo....not like an experienced mining - development company that made and adhered to their own low bid. So, the short of it is that producton is delayed untuil about this time next year....if they're lucky. Buy the dips because it looks like there could be some besides today's action.