q Given the output of the mine (Kirwin said what, 250 tpd?) on the last radio interview, and the small shipments of concentrate, I don't think there is much good news.
The company announcements have certainly led investors to believe that they'd be in production very early in the year. Now we're nearing the halfway mark and the company output is only at half what was planned. Not good. Concentrate shipments, as mentioned in the MD&A, indicate a lack of output. The company has insinuated that the grades seem higher than anticipated. Will this turn out to be as misleading as the other string-alongs?
Essentially everything the company has said in their public announcements has turned out to be extremely misleading. Almost seems intentional at this point. Not a good thing for shareholders.
Remember Gammon Lake, when the CEO and President put out a bunch of extremely misleading projections and they got hit with a 200 million lawsuit? The liars made out like bandits with an absolute ton of money while the company paid out the lawsuit, long after the liars got away. Not equating Kirwin with those guys, but it is starting to look similar.