GREY:VITFF - Post by User
Comment by
bajanjohnon Aug 26, 2011 2:18pm
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Post# 18983628
RE: RE: RE: Where are we going
RE: RE: RE: Where are we going
With at least 100 million plus, to raise ,to build the mine and the continued drilling everywhere, not to mention the monthly burn rate, That means at least a 30% dilution from these depressed levels. Doing well in the fall may be to only depreciate 10%
There seems to be no direction from this ship. A little drill here, a little drill there, grab samples at another site, drilling at Aurex,and what has happened to Nevada. There seems to be too many pots on the stove, and not enough focus on what can make you money and drive the future success. The reserves in these places will not go away, so why not focus on just one , start producing,and creating a revenue stream, and that will finance drilling later to build a long term successful company.
Two years ago they said that production would be coming out of Nevada in 2011. whatever happened to that? Inquiring minds want to know!
IR says that things are progressing, to where?