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ID Supermoney

01/25/10 2:10 PM

#26030 RE: bikeguy #26029

WAS IT NOT STATED THAT THEY HAD PURCHASED 4 DREDGERS BACK in the fall already!!

They are only buying them now???

Makes no sense to me!

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Texan77

01/25/10 2:47 PM

#26038 RE: bikeguy #26029

thanks very helpful
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small time investor

01/25/10 4:09 PM

#26058 RE: bikeguy #26029

Thanks bikeguy! In the conf. call John mentioned the rough shape many of the secondary roads are in. In your post you wrote that Doug had roadbuilding as one of his priorities early on. That was farsighted on his part. It is proving to be of benefit to us shareholders now. When I look at photo #53 on the company site it all makes sense. Management had the long range vision to see how building & from what I've read clearing these dirt roads would enable mining. John mentioned the decision to stick with an eight inch dredge. You can see why with the one packed up & being transported on a truck on photo #53. It's this mobility that is one of our greatest strengths. Area miners can pack up and set up at more promising sites discovered by the geologist in short order. This is bound to increase production. With greater gold & diamond production the pps will also increase.
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bikeguy

02/24/10 3:44 AM

#28629 RE: bikeguy #26029

Just to reference this post so I dont forget: The conference call last month.....