RE:RE:RE:Ron Netolitzky and Brewery CreekThe gold is there all right, and that's the only reason the share price isn't zero -- the hope that somehow the value of the gold just lying there might be realized some day for shareholders before the company folds or its properties are given away (some may argue that Brewery Creek had already been given away in the Sabre merger).
Golden Preditor that owned Brewery Creek and merged with Sabre a year ago had over a $70 million market cap a just few years ago, even after the gold mining there had stopped. The open question that is the main driver of the share price is whether or not management can actually deliver anything of value since they are the ones who claim that they are going to produce gold, but keep putting the restart date about a year into the future for the last several years. Even if the anwser is no, it seems like the share price today should be higher even based on a fire sale of all assets.