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Re: JMTME56 post# 20639

Friday, 04/10/2009 2:09:13 PM

Friday, April 10, 2009 2:09:13 PM

Post# of 83046
nice second posting. i'm sure your level of credibility will add volumes to the thread here.

that said, its pretty obvious the company is running out of money, if not out already, thus the amount of dilution we've been witnessing. as far as a buyer for the concentrate goes, i stand by my previous assumption, that being, there is no buyer due to not being able to ascertain a commitment by our company. when the wheels start turning there, (or shall i say if) management will strike a deal for sale based on daily comex prices of copper. use your heads here, no one, unless dotson is that stupid will commit to sale at X dollars per pound when the rate fluctuates daily. now, as far as the latest line of b.s. goes re: the power inverter..... jeeze, thats probably the biggest laugh yet. they need something that turns d.c. current to a.c. current to prevent lights dimming in town, when equipment is running. sounds a little hokie to me. i would think more likely what they need is a different type, perhaps more powerful transformer on site which would step up the level of current to what they need, which, i presume would allow them to remain independent of town. but, be that as it may, i'm sure it will precipitate another 2-3 month delay, thus burning another 2-3 months expenses, thus bringing more dilution to pay bills, thus, bringing on the dreaded r/s. if anyone thinks they would r/s at this juncture to uplift the stock to another exchange, well, that is just laughable. hey, i hope we get going, because every day is more dollars burned with zero income.
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