RE:RE:RE:Stock PriceGeezer: You sound like a pumper. (Maybe you are) But i'm calling you out on this one. Nevada has one of the highest AISC's compared to peers. AISC was 1500.00 an ounce last year and the Guidance for this year is is 1350.00 to $1450.00 per oz. You say Nevada is making money but what does that mean. They dropped 10 Mil into the coffers last year. We, and I say we the Shareholders paid $118.5 mil for Fiore and our sharepool is now 450 million shares. I think it was somewhere around 300 million before Fiore. So at 10 mil a year it should take about 12 years to break even at current rate and purchase price of Fiore. So if $10 million a year is making money but it takes 12 years to break even i guess that's making money. Oh and did I say Price Waterhouse in their audited statement placed fair value at $74 million. So why did we pay so much for Fiore?
I stand by my statement that Fiore is a drag on this stock until they get more gold out of the ground in Nevada, a lot more gold and at a much lower AISC.
But I will say you were a voice of reason on throwing cold water on percieved Condor Purchase. I urge all on this board to google up "Condor mining" and see for yourselves the Condor 'sh*t show. Been trying to sell these assets for years and years. Why no takers?