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Alias Born 02/08/2009

Re: None

Saturday, 02/14/2009 11:36:20 AM

Saturday, February 14, 2009 11:36:20 AM

Post# of 65657
Looks like the major selling is done. There was some weak hands leaving[perhaps basher incited] and also 2 other investors with major positions, were forced to sell at the same time unfortunately. I spoke with one who I know and for personel reasons had to liquidate[3mil]. Hopefully a few here bought some cheapies. I expect some of the accumulation went into stronger hands, however there will be some flipped into the 4's, thus some congestion there for a bit.
I was on the phone awhile yesterday with the ceo. The mill adjustments are going well and should be ready in a few weeks. Filing for the otcbb is getting closer, but the auditors keep requiring a bit more info which is the reason for the delays.
That being said it is the same auditors /lawyers who did the filing for Goldcorp Holdings which after submitting to the SEC came back in couple weeks approved with no questions asked. It's called getting it right the first time.
They are also in discussions with BLM regarding the new mill proposed at the Sinker Tunnel site, which will be much larger than the Melba mill. We'll be just fine here, but it's that patience thing again.
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