GREY:GBRIF - Post by User
Post by
longtoothon Dec 24, 2010 11:28am
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Post# 17893178
Unreal
UnrealThe company re-started a mill that already ran in the past and they set up a camp and a few other buildings. Anyone can do that and usually they don't need to brag about it in a press release. These guys pat themselves on the back for gettng a few contractors to erect a few buildings, unreal.
The real question that is being avoided is weather or not the ore body is sustainable or even large enough to pay back the money borrowed to erect these few buildings and re-start an existing mill.
Maybe the market knows this which would explain why this is still a penny stock when the gold price is at record highs.
This is an example of how investors get abused by the market and how unethical professionals can become (so called professionals)..