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Post# of 162624
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Warmy

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Warmy

Re: thizsukz post# 79329

Wednesday, 08/15/2012 10:37:33 PM

Wednesday, August 15, 2012 10:37:33 PM

Post# of 162624
Nobody claimed that funding is in place. Even if it were, funding a JV and elimination of debt are two separate issues. What we actually have are investors and partners that are working on the funding phase now.

Who says the CEO and BOD are getting paid? Show me where they are.

The venture will be profitable as soon as production begins. At $1600 per ounce (and soon to be much higher) profitability is easy to achieve with little volume.

The annual totals will be known 1 year from start of production.

There is no toxic financing here. Elimination of debt is not toxic financing.

All IMHO

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