InvestorsHub Logo
icon url

paidmyway

10/12/10 11:33 AM

#22407 RE: bobby joe #22394

Exactly,Bobby Joe.. and if you read the post you will see the calculations are based on an average wage of $15/hr and at that rate it can be clearly demonstrated that the burn rate is far in excess of $50k/mo....if they would come clean with all of the numbers such as the actual throughput tonnage and grades and quit providing disputable numbers such as the obvious miscalculation of burn rate, you would see an immediate increase in share price, however if they continue to keep the share holders in the dark along with these other misteps, then the share price will continue to falter....the investment community does not respond well to even the smallest of miscalculations,especially when it is so obvious....perhaps the current group of shareholders were needed at one time and they will find soon enough that they will also need new money as well as keeping the current batch from jumping ship.....I can even see frustration beginning to set in among some of the true longs on this one....time for the company to turn the lights back on.....as I see it...

Paid