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Re: Undercooked Falafel post# 1139

Thursday, 03/25/2010 2:35:43 PM

Thursday, March 25, 2010 2:35:43 PM

Post# of 4380
Probably Q4 this yr (just a guess), but perhaps before that if GORO mgt wants to begin buoying the pps.

Personally I'm reaching the point of being somewhat disgruntled with the lack of detail on operations at the mill. I know a picture is worth a thousand words, and they have plenty of pictures on the website, but my cynicism makes me worry that something is not going as smoothly as expected at the mill.

For instance, they have been talking since December about producing concentrates. Why haven't they announced shipments or contracts with a buyer yet? Perhaps they not getting the yield they hoped for, or there are logistical problems getting trucks of concentrate shipped to nearby ports, or (best case) they may be trying to go all the way and pour their own gold vs. ship concentrate.

We'll find out something soon, no doubt, but one gets tired of waiting to find out why gold sales (revenue stream) are being delayed.

MILKY WAY over Devil's Tower

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