Wednesday, August 27, 2014 10:21:26 PM
They used faulty methodology to arrive at this grossly over-optimistic figure. They don't even know what the pay layer is. They also released a fluff PR that talked about 'drilling' to find it. They can't afford to drill. If they did and found gold, they'd need an excavator, which they don't have. They said they can't afford it. Even after they've dumped billions and billions and billions of shares since inception....they can't afford it.
That's why this is going to no bid sooner or later.
A nation of sheep will beget a government of wolves. — Edward R. Murrow
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