Tomander open your eyes..... Read down to the third line. I say it the way it is. Do you know how many shareholders got srewed over by listening to management? All of their glorious predictions, which led to the share price rising to almost $4, is now only a distant dream. Have you ever seen any other mine that is still in the commisioning stage after 10 months? Have you ever seen projections so far off? Like one invester before said," a catastrophic collapse of the share price". I will one day, hopefully, will give these boys credit, but right now they don't deserve it.
From an August 10, 2010 New release. The UMZ will have
10-year mine life with annualized production of nearly 19,000 oz gold, over
600,000 oz silver and nearly 8,000 tonnes copper over first 5 years
o Construction 75% complete with start-up in fall, 2010
Now today they announce this bullsh*t for the next nine years in Bolivia
| Avg. Annual Production (LOM) | | | | | 12,000 ounces Au |
| | | | | | 6,000 tonnes Cu |
| | | | | 420,000 ounces Ag |
Off by nearly 7000 ounces of gold, 2000 tonnes of copper, and 180 000 ounces of silver. And there are posters that are saying everything is fine. This is just the f*ck up in Bolivia, not to mention the disaster in Spain. Don't believe a word that comes out of their mouth.