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Re: baulsdp post# 80730

Friday, 08/24/2012 3:30:55 PM

Friday, August 24, 2012 3:30:55 PM

Post# of 162648
Yes GDSM and WSRA laid out a time frame with 4 phases. Appears they never got finished with Phase 1 as there are still no bucket test results and it is nearing the end of August.

Phase 2 is about to begin (April 24th )and will be complete in late summer (August / September?) of this year. This phase is small scale gold production.

NI 43-101 completion is to begin shortly. What is meant by "shortly" - that was April - this is August - is 4 months "shortly"?

Phase 3 to begin in late summer of this year. This is the beginning of full scale production.

You call that moving along fine? They are a week late in filing their financial disclosure statement - you call that fine?

But then I guess one cannot expect a great deal of movement from a pinkie with CEOs who can't get things done!

GDSM is nothing but a hat and no cowboy.

From the Chloride Copper Mine in 2013!