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Message: Re: 3 meetings...

Mar 22, 2012 03:34PM

Mar 22, 2012 04:32PM

Mar 22, 2012 06:58PM
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Mar 22, 2012 06:58PM

Hey, no problem with anything you say. I also presume we'll get something before the meetings. I too have "have learned their game". It's just sad that they have reduced it to a game rather than just being straightforward. Every PR is a puzzle that has to be carefully parsed to see exactly what it says, or doesn't say, or what it's covering up, or if it says anything at all. The WEM story is unbelievably good, but their "games" have destroyed their credibility to tell it. I just hope the people at the meeting can also see beyond the games to the potential riches underneath.

The problem is that it looks like the cyanide leach system and reasonable recovery rates are off into the future. As far as the mill expansion, who knows? The vault and smelter will be nice, especially if the smelter produces outside income, but there has been no visible progress on either for a while. Some non-dilutive financing would be nice, but that is only a means to an end. The timeline for substantial revenue has been pushed way back, so now our hopes depend on drilling. That was supposed to have started in January. Where are the permits? I keep hearing any day, but I've learned that one of their games is that "any day" can mean "any month", "any year", or even never. Remember the Melba mill? That was "any day" for a very long time.

I'm still holding, but not my breath.

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Mar 22, 2012 11:04PM

Mar 23, 2012 06:40AM
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Mar 23, 2012 08:34AM
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Mar 23, 2012 12:30PM
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Mar 23, 2012 06:46PM

Mar 23, 2012 11:54PM
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Mar 24, 2012 08:25AM

Mar 24, 2012 09:41AM

Mar 24, 2012 10:05AM
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