RE:The Sept 9 Trading Massacre Loves, I think we both know you are wasting your time looking for an explanation on this board regarding the Sept 9th trading activity. However I suspect that with the two new directors , Joe O will be under increasing daily scrutiny and I think there is less liklihood for similiar insider activity going forward....... altho I am not so niave to think it will be eliminated.
I think that Q4 results will be worse than Q3...... the recent dog and pony show posted by Sailor has a couple of very subtlle warning signs. If I am right , and then if the reserve restatement wipes out 20% of present ounces , as it should do , then Joes position will become very tenous and I suspect he is already planning his retirement , as well as maximising his pay off of when that day comes.
One of the warning signs is that longitudanal stoping may not be the answer to the grade and tonnage problems that presently exist. But it will take at least another 6-9 months before this is confirmed or refuted. Watch the mill heads going forward. If they cant be brouhgt upto 10 grams or more, it will be the start of the death spiral