Wednesday, September 17, 2014 1:40:43 PM
This was last years's gold production:
$ 73,610
It was produced at a loss. Does this figure look anywhere near $125,000,000 to you?
Common shareholders are expected to pick up the bills--it has been that way since inception. GYST has to pay salaries so insiders can make a comfy living. They pay back SC Capital through share issuance. They pay back Renard (controlled by Howarth) through share issuance.
Why does anyone expect it to change? You may have noticed that the AS has now ballooned up to 4 billion. When they issue and exhaust that, it should be time for another reverse split.
A nation of sheep will beget a government of wolves. — Edward R. Murrow
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