InvestorsHub Logo

stock_peeker

04/15/10 10:29 AM

#1163 RE: Undercooked Falafel #1162

I appreciate Bill Reid's candor in this latest release. The fact that they have had problems is no surprise (all new mills have lots of problems getting the kinks worked out). He was honest enough to say that the yield is less than expected, and they will continue to use lower grade ore while they continue working out the kinks (operational and training issues).

Bravo, we are now selling concentrate (generating revenues). Current qtr revs will be less than we all hoped, but they should be doing very well operationally before the start of Q3, so they will start bringing in lots of cash over the summer.

Rollem Rollem Rollem, keep that mill a rollin', Raw Hide!!!

Oops! Starting to show my age again ... GLTA GORO holders ...

'peeker