RE:RE:RE:RE:RE:RE:RE:Calling on NachoD.SmartmoneyBog wrote
Nacho D,
Almost another month has passed and still no updates?
Are you still working or have they shut it down?
How much lower will management let the shareprice drop before we hear anything?
Very Disappointing!!!
Any update from you would be greatly appreciated as i've given up on them!!
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Even Nacho seems to have disappeared. Having followed and owned many garbage junior or micro cap gold miners trying to start up a mine over the years i cant remember one that is in the same league of complete incompetence as this company. The only thing they are good at is hype and delivering nothing. The last update on the mill operation was on June 29th. That is now 3 months and counting.
In that update Murray Nye the CEO bragged about how they did the test run of the mill "Ahead of schedule" Isnt this the same clown who said the mill would be in Commercial production by May. Then he said they found a few more problems that were being dealt with before resuming operations. That was 3 months ago and still not a word of production resuming or any other problems etc. Nothing but silence. In 3 months they havent had enough time to change a couple conveyor belts and a few electrical boxes?
Not to mention you have had the mill in your possesion for well over a year now. A mill that had sat idle for the previous 20 years. And you did not think about checking the wear on the conveyor belts and pulleys etc. until a year later in this tiny little mill?
In the June 29th. new release that other Bull Sh@it artist Carberra said that the mill is being developed into a "Turn key mineral processing plant"
Ha, Ha, Ha, Its an old 150 tonne per day falling down tin shack with a few conveyors and a tiny old mill . You clowns have had it for over a year and cant seem to get this tiny little mill operational. Maybe once they get those couple conveyor belts changed this tiny old tin shack of a mill will magically transform its tired old ar#se into a state of the art "Turn key mineral processing plant."
The only thing these guys know how to process is endless piles of Bull Sh@it. I sold most of my shares awhile ago for a nice loss while keeping a few in case a good news news release finally happens and the shareprice goes up so i can sell the rest. As we havent had any good news ever with this gong show i am not holding my breath and will likely sell the rest of the shares soon.
From following and investing in a lot of these types of junior or even worse micro cap miners such as this one trying to start up a mine i have found that when there is nothing but hype followed by endless excuses for months and years on end that is all you will ever get as they dont know what they are doing. Maybe this one will be the exception but i will not be waiting around to find out.
Good luck to all shareholders here. You are going to need it.