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friedchicken

09/18/08 10:11 PM

#3920 RE: starship #3919

That's the big question for all of us isn't it?

Just looking at the stockprice chart here in iHUB, I see a similar pattern between 2006 to 2008....stock has dipped towards the end of the year and jumped up around February.

Given that Oct-Dec is the end of rainy season and start of real mining season, then we probably will get the quarterly result mid to late January, so I'm predicting the big jump around Feb '09. Hopefully ten times of what the price is today. Hopefully by then all the machinery are operating at full capacity and chugging out 10 kg of gold a month at least.

But like they say in the stock market....Past performance in no way guarantees or even indicates future performance. Maybe we might even get a nice jump soon.
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J-Rhino

09/18/08 10:37 PM

#3921 RE: starship #3919

Well here is the crazy part...

the biggest costs and overhead have already been accounted for. The company diluted about 40-50M over the last 6-8 months to pay for much needed equipment. That dilution is OVER--FINITO!! Now the costs are relatively fixed and dilution will be minimal if at all. REMEMBER, costs of mining the gold remaing FIXED while PRICE of gold goes up and profits go up. They have plenty of labor with their relationships with Tribal Chiefs.