Good observations, and nothing wrong with being cautious especially in an industry with so many risk factors.I quite agree a company not meeting their own projections can drive investors away.And the company whatever the problems they had in 2012 ( seems they have been projecting production for some time unless I am mistaken) did bring in over $400,000 in cash.
I wish the best for the company, and guess it just seems unreasonable to some to ask for basic information in regards to production the company itself is projecting for the fall.
This could be an excellent speculation and investment- if CFO can pull a few rabbits out of the that in funding company- especially in a climate of rising gold prices.I expect delays in production,permitting,etc, so that wont be a surprize, nor if they have to rely on more convertible debt financing.
