OTCPK:PALDF - Post by User
Comment by
littlejoepton Dec 08, 2002 11:38pm
85 Views
Post# 5659171
RE: CONCENTRATOR DOWN
RE: CONCENTRATOR DOWNI thought it was the crusher--anyhow, they thought they had a problem with it, tore it down and found a crack-i think-in the vessel. It should be about back online. I've had machinery my whole life, old stuff wears out and breaks and new stuff has bugs in it and breaks, too. Seems like most things take longer and cost more than anticipated. The way they handled the news, it was almost like it was calculated to hammer the stock. The good news is, thru the whole deal, they've continued to make money. The fundamentals are there. they tweaked a few things while they were down, and recoveries should be better. they probably got 20 miles of drill cores they cut this season, and rumors are results will be impressive. I've got quite a bit of this, and will look hard at buying more, starting tomorrow. If you like gold, look at gys.v--it's been halted for over a yr, got their ducks in a row--finally, and will probably resume trading this week. It's in ontario and they got a deal with condor, whose pres is Frank Puskas. Old est. mine and reserves are probably way understated.