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Re: Inorout post# 67712

Tuesday, 07/24/2012 12:00:15 PM

Tuesday, July 24, 2012 12:00:15 PM

Post# of 101798
What is clear is that sney was out of working capitol 4 months ago. Since we don't have current figures or any pr's yet we have no idea what the current situation is.

However, we do know that they have been actively "exploring" and stockpiling material in SL for the last yr. On the low side an estimate of 1 mil in visible gold has been established based on old prs about tonnage content.

Since they finally got the Q1 out and on the same day got the CE removed and uplisted 1 notch (so to speak) on the otc exchanges, we can further speculate that the reason the expense and time spent to do this was to start selling product and show revenue.

So now we wait on prs to get an idea of what has been going on over the last yr in regards to actual product.

Since the Q1 came out so late into the 2nd Q, it is improbable that much will be shown on the Q2 in regards to positive revenue, but I would expect that Q3 will tell a differnt tale.

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