RE:How BEST to ReGAIN Mr Market CONFIDENCE,,,,,,,,???????????Red nailed it. Spending a poultry $49,000 last year on drilling is a joke. Drilling will let the geologists put on their rose colored glasses and predict ore bodies then the real work begins. Feasibility studies by qualified engineers.
It's a giant red flag when penny stocks spend more money on promotion than on drilling.
Red_Deer wrote: I HAVE Mentioned THIS Many Times the Past Few YEARS.
ALL Kombat Management from the VERY START have NOT SPENT the $$$$$ to ACHIEVE
a PROVEN Mineral Resource.
ALL of them, Including the CURRENT Management, HAVE ONLY done enough DRILLING to CONFIRM Only INDICATED and INFERRED Resources__which are MUCH LESS Reliable
than Proven Resources.
MOST Mining Management do NOT RUSH INTO PRODUCTION without Proven Resource numbers.
We DID__and the RESULTS from the OPEN PIT Mining PROVE that IT WAS a MISTAKE__with all sorts of "SURPRISES" with regard to the ORE QUALITY and Dispursement__Making the Central
Pit Mining a MONEY LOSER__These SURPRISES would LIKELY have NOT Been the case IF we
had had PROVEN Resources for the Open Pits
So BOTTEM LINE IS__I SURE HOPE that the SAME MISTAKE is NOT MADE rushing into the
Under Ground Mining__WITHOUT any PROVEN RESORCES FIRST !!!!!!!!!!
And the ONLY WAY to Achieve THIS is with a LOT MORE DRILLING__Which WILL TAKE a
LOT MORE $$$$$ and TIME.
BUT IT HAS TO BE DONE !!!!!!