So you want to continue this I see, your choice. It would be easier if I wasnt here wouldnt it? Noone to ask the tough questions, Noone to question the company when the FAIL reapetedly at executing.
March 16th...."we are in the best position we’ve ever been in to get the Dragon Mine into production this spring."....and "Delivery of the KDS processing plant is scheduled for March 31"
Didnt happen, FAILED
April 14th...."the company expects to be able to reach the underground bed of halloysite clay within 30 days." and "Company personnel have also exposed an approximate 100-ton surface bed of clay in the pit wall of the mine. “The advantage for us in this particular bed of clay is that we don’t have to go underground to extract it. It’s on the surface, which means we’ll be able to fill the 50 ton order from our overseas buyer more quickly than if we had to go underground.”
Didnt happen, FAILED again on plan
June 30th....Delivery date for first 50 tons as expected by company management
Didnt happen, FAILED and still hasnt happened
July 6th...."It means we can now begin mining and processing our halloysite clay.” “Immediately we’ll begin to process our clay" "Everything is lined up in the way of ready, willing, and able buyers and we are now in a position to begin filling these orders,” stated Jacobson.
Hasnt happened, FAILED again
August 25th....“We continue our underground drive to the halloysite bed, and have removed clay from the pit wall....(what do you mean continue, you said on April 14th it would be 30 days)..."The underground development has begun and the decline into the halloysite bed is advancing at a rate of 20 feet per day."(so you should be there in 15 days, its been 60 since this statement and 180 since the April 14th comment)
Another FAILURE to meet the hype in the PR's...and..."We have buyers ready, willing, and able to accept the first processed product"(yet according to the wise ones here you talk to Bill personaly we still need to cross the T's and dot the I's, what the hell have you been doing before this point then, been pen-pals?)
and still nothing, FAILED
Sept 25th...."Atlas Mining Announces Operational Status")Thats what you said July 6th, 70 days ago)
more of the same, nothing, FAILED
Thats all the PR's that have come out since March....the only one they got right was about a bicycle team......that should tell you something.
Yet people are saying that the clay is still being tested for quality, the mine cant ensure steady output on a monthly basis for a measly 500 tons when we are supposed to have reached a 40 thousand ton bed months ago. The equipment is all supposed to work and orders are supposed to exist even though we still need to cross and dot certian letters of the alphabet.
This aint me talking, its your management.
Its almost winter, we supposedly reduced the risk of dilution by going so slow and using limited manpower....thats cost us 7 months of manpower/manhours to date....doubling our efforts would have cut this time in half and cost the same in manpower hours to reach the same end goal(like digging the shaft so the clay was reachable when the machines were ready rather than them sitting idle). These are the type of things management has failed to execute and as a result we now are confronting mother nature and she will always win and the investors have to hope and pray that Bill can get this right and we can operate year round....so get to church.
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