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Thursday, February 02, 2006 11:23:32 PM
Thoughts on some of the answers: I like that we have little to no additional financial exposure from uranium tailings and enviro problems.
The Soviet regime went through the area and gleaned uranium but mapped the other minerals. It's interesting when gold isn't the primary goal of a search.
I like that Top-Audit AND Feldbush had input on the gold production goals and not just Feldbush. It provides just one more source for realistic production goals.
Not happy with seven ore sites. Their previous pubs list three main sites. This just means more expense for dredging, digging, maintaining and transporting. Dollars outta our pockets. An article on another gold producer in the area stated they were spending $327 million to produce about 1 million ounces per year. This may stretch the $100 million I had used for a cost basis. But, if they keep it to one smelter site, we may be ok.
Love the question regarding a small dividend. Anytime you can burn a short, in this stock, its OK by me.
For Top-Audit to approach Gerald Parkin on two projects, gold AURC & oil NDOL, and still have their name affiliated with both speaks volumes for his quality.
We have some good info seekers and thinkers on this board. Glad to be amongst you.
This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.
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