GREY:COLUF - Post by User
Comment by
bob4977on May 16, 2013 10:57am
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Post# 21403017
RE: Lets face the truth
RE: Lets face the truth I agree firebug. I am not knowledgable to do the math on difference in costs to do the bulk sample at the mill or in Canada but common sense tells you shipping something heavy a long ways costs a lot of money. The lower grade ore they found would be good news as it extends the life of mine. I would be more worried that management was telling a tall tale if they had not spent so much of their personal money in buying more shares. My main worry is that they run out of money again but they were supposed to have a contingency fund so lets hope that is not a problem.
Bob