RE:Here is the NRIn mining... actually mining gets it done. Thus far, management has been too busy talking up the 8-zone and Red Lake similarities and making powerpoint presentations to focus on actually mining. Hopefully this will be different now... but mind you its still mostly the same people. It's not like they brought in anyone new or anything like that. They just canned two people, of the many that watched the company and its production go down.
A previous poster is right though, worst case scenario is they file for bankruptcy and that has not happened here so we are definitely saved from zero. So as of now, we are somewhere between zero and 53 cents... I really hope management gets their act together and focuses on mining the bloody orebody properly. To be honest, that's the only real problem, everything else is made up to dilute the real problem. The mill is working fine, everything is working fine, its just that they are unable to mine properly, proper grades. Fix that, and the rest is sorted. That was the crux of the issue all along and if anyone at PGM had any sense of what they were doing they would have tackled that long ago, instead of wasting time talking about 8-zone, Red Lake potential and other nonsense (for now). You are ramping up a mine, focus on ramp up, not on further exploration potential. Once the mine is ramped up, sure, drill the 8-zone, the 9-zone, all the zones but don't get distracted looking for the mother lode while you have a mine to get up to speed. Mining 101.