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Re: longterminvestor1 post# 57568

Saturday, 06/04/2011 12:29:10 AM

Saturday, June 04, 2011 12:29:10 AM

Post# of 83081
I will sat this, before the company left the Pampana area they were producing much much more than 1 gram per ton and that was with no machinery whatsoever.

I expect they were closer to 5 to 7 grams per ton keeping in mind they had no machinery to move earth other than sweat and determination.

They went from recurring Extractions of 1 kilo per month to two and reported it monthly not every 3 to 4 months.

The stock price was much higher and dilution was not nearly as necessary.

Some things can not be fixed but large Recurring Extractions would go a long way in getting things back on track.

Gas is painful here over there it must be brutal.

Local labor needs none of it and employs far more locals.

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