Oh... shiftyone has some friends who will be posting over the next couple of days like you would not believe unless he or she is reinstated.
Did Kevin say at a webcast a couple of weeks ago during a webcast that they finished drilling but had to stop at 3700 meters because of a 10% increase in costs? When they had planned 4000 meters?
Really....drilling 4000 meters doesn't cost all that much. But they had to stop short because of $100 000 dollars? Because of swamp mats needed? Should a mining engineer have known that they were drilling into swamp land?
Did Kevin talk in early January about 4000 oz from pointe rousse in the latest quarter of 2022 as they had predicted? How did Kevin not know in early January that they were going to come up well short of that because of problems. He had to know. So why did he mislead?
In the webinar... did Kevin talk about Volta going from 0.07 to 2.35 in either two (or a few) months. I'm thinking that youtube video was edited to make it unclear. I had watched it and it was very clear that he said a few months. Now... it is difficult to tell whether he said a few months or two months. Either way it was not accurate. Volta shareholders ... it went from 0.07 to 0.07 cents equivalent (after the consolidation) over a period of 8 years. In the middle it did spike and all kinds of money was raised at $1.55. A year and a half later it was at .20. Those investors all lost their shirts over that 8 year period.
Kevin stated that he has put all of his salary into the company over the years. Go on Sedi.... look at what he bought and when, at what price, and add it all up. Over 7 years. I read that he is getting paid about $400 000 a year. The math suggests that he was not being..... totally on the level with that statement.
Kevins other companies prior to Goldcrest and Volta. Would you like a summary of how they did and how the shareholders made out? I think my friend might post that tomorrow.
The financials should be great. The last news release stated that they had 9.9million cash as of Dec 31. Rob stated in the webinar that all the major costs with Pointe Rousse were looked after in the last quarter. So I think after all the bills are paid for the quarter... they should still have that 9.9 million plus all the money they just raised.