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small time investor

12/18/10 10:19 AM

#44657 RE: roberto77479 #44655

I just called John. I left a message requesting an update on the production numbers release date. IMHO it would not look good for the company to bust the promised production number FR date for whatever reason since it was published. That would harm the company's credibility. I don't believe John would want to do that.
Even if the numbers are modest, so what? The main thing would be that all of our equipment is now operational and in just the first week or two we have produced this much gold & that many diamonds. Announcing to the world we are back in production puts us head & shoulders above many other microcap gold companies.

eyeamgame

12/20/10 1:18 PM

#44699 RE: roberto77479 #44655

The negativity and frustration vented at that time was because of the FR not prior to it.

Management clearly prompted that response.

It didn't happen till after the FR.


Furthermore it appears management got the message and has been far more forthcoming with Updates and communications which is what they should have done in the first place.

If the company is on target with its dredging placements and Operations they should be well positioned to recover lost opportunities from prior dry seasons.

They should in fact be able to do far better than they ever have with the exception of the 2 kilo per month extractions from the Pampana River utilizing only local labour and hand tools.

I wonder what could be produced there with wash plants and dredges.

I do know what they claimed they could.

Irregardless it is refreshing to see equipment placed, coming online and functional at the beginning of the dry season.

What makes you think those objective at times past have gone anywhere?

I will call the company to task when need be but have cut them some slack to give them a chance to make up lost ground.

For the moment they seem to be making substantial progress and deserve some breathing room.

eye