Fabled Silver Gold Corp T.FCO

Kure

[dgk80]

SO Kure explain this dribble. Kure please up date us from your last statement. Oh its your own post SUBJECT: RE: Sorry guys, but this is not going back $0.40 Posted By: Kure Post Time: 3/10/2005 12:16 « Previous Message Next Message » You can say or think what you want but your statements do not jive with what I have been told and what my own eyes have seen. I drove by the refinery not long ago and saw lots of vechicles and people moving around inside. A friend who lives nearby knows that shipments have been coming and going. Sounds like cash flow to me. In order to be in production by mid-year 2005 the mine permit would have had to be in place by mid-2004. I have never seen any statements from the company that they were expecting a permit in 2004. The required money was not raised until December 2003 so I don't think they really got back on track with the permitting process until March or April of 2004 so it would have been impossible to get a permit in 3 or 4 months as you suggest. Regarding qualified people? The refinery is half the equation and the website has bios on quite a few people that look very qualified and have the right degrees and have apparently run the entire plant in the past. I also heard that a new mine manager has or soon will be hired. A review of the FCO website also shows a lot of qualified bios at both the operations level and the Board level. One guy last performed a half billion dollar plant expansion. Sounds qualified to me! A friend in the know told me that incresingly mining companies are run by accountants, lawyers, and financial people that hire technical managers to perform the heavy lifting at operations. The main technical engineers are often too anal to accomplish the required tasks with regulators, brokers, institutions, lawyers, promotion, and general business. I hope this helps.