OTCPK:PGMFF - Post by User
Comment by
goldlocatoron Oct 30, 2021 8:44pm
299 Views
Post# 34069605
RE:Ounces poured number in August = misleading tactic
RE:Ounces poured number in August = misleading tacticporc.....they did release the tpd and grade for August and it was identical to July. And the August average included the downtime. Does not take a rocket scientist to figure out that 1800 ounces magically appeared sometime in August. They should have explained it in that Sept 7 NR but nothing. Then you get the total for the quarter and it turns out that the number is the same as July + August + the 1800. They also said the mill upgrades were completed in August. They should have poured more gold in Sept than August or July. Instead if the extra 1800 reported in August is not part of Q3 production then Instead of pouring about 3700 like they did in July and Aug they only got 50% of that in Sept in spite of all those improvements up and running. They said the were all completed in August.
The only thing they are accomplishing with incomplete information is creating mistrust in the market and suppressing the share price. And when they go back and try to raise more money the low share price means more shares printed.
Sort of agree with you Rdlbama....maybe not everyone....just the ones that had anything to do with the Sept and Oct NR. As for the gold.....I believed it was there when I was a Rubicon shareholder. These clowns should have NR out Monday morning with a full explanation of the 1800 ounces and Sept production. Either that or resignations.