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Re: PSAG post# 4100

Monday, 12/31/2012 6:20:51 PM

Monday, December 31, 2012 6:20:51 PM

Post# of 9786
I believe Dave is giving it his best shot at getting a mine into production. The cost of exploration is extremely high. Gold has been found but not to the numbers that excite a lot of people. I do like the plan to start producing at a smaller level to generate cash flow. Also I thought I read something about. Roger Newell had bought stocks at $.65. Finding a commercial deposit of gold is quit rare and burns up a lot of cash in the process. This was a highly speculative venture but with a little luck things could turn around.