InvestorsHub Logo
Followers 5
Posts 822
Boards Moderated 0
Alias Born 12/03/2010

Re: MrAsh post# 43969

Thursday, 04/28/2011 2:15:38 PM

Thursday, April 28, 2011 2:15:38 PM

Post# of 51614
I am leaning towards a buy out or partial buy out. Because management refused to sell more gold due to tax reasons. Production rate has been increased and inventory is growing. The revenue generated from the minimal gold sale can marginally pay for operating cost, which is $550,000 monthly.

Management is watching the inventory growing, they must have a business plan to get rid of it - selling at lump sum or large contract to supply gold dust. IMO.