InvestorsHub Logo
Followers 2
Posts 19
Boards Moderated 0
Alias Born 03/07/2006

Re: miningstocksguy post# 105

Saturday, 09/04/2010 9:31:03 AM

Saturday, September 04, 2010 9:31:03 AM

Post# of 165
I checked the documents at Sedar and found that the lack of information during the summer months is similar to prior years. They issue a M D& A in late April and then not again until Nov.
Interim financials, 2/28 are issued in late April and then no financials until the audited ones for y/e 5/31 in late September.

I would like to know how the mill is progressing?? Last year I was looking forward to positive cash flow from the mill only to find out the ore trucked in from Alaska was sold at a loss due to market conditions. This year processing local ore and better market conditions should make the results much better?

I like the potential of their properties and feel that silver will soon get it's day.. $25-50 silver would help this $.04 stock. Dilution is a real concern..

I always wonder if a CEO with good management skills might have made some different decisions over the last few years and provided the shareholders with a viable company with minimal share dilution?? I've seen several companies that have geologists that are good at finding properties but they lack ability or time to advance the company and create shareholder value..

The only interesting thing at sedar was Joe Dwek, management consultant in Toronto bought a lot of shares with attached warrants. He also invested in Kalahari. Those seem to be the two Hughes companies with some potential.. IMHO.. I hope Joe knows what he is doing.