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Bang Bang

03/05/11 1:22 PM

#36536 RE: chloebware #36535

That simply makes ZERO sense and you know it. If they wanted to make money without producing they would be putting out fluff PR's and selling stock to line their pockets like so many companies do in the Penny market. They have not starting producing on YOUR time line, which has nothing to do with the actual plan of action that they are clearly going through to get everything ready for production.

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carhauler

03/05/11 1:32 PM

#36538 RE: chloebware #36535

i agree. you never know at this point with this company. if investors in common stock are starting to become restless and they don't answer us, how will they arrange outside financing? if you are sooooo confident, why can they not raise financing? and don't say they have but have not pr'd. they pr everything they do and it isn't much. these guys have a lot of time on their hands or they are too busy with the other companies they run. they are shortchanging this one.

i don't think it will be this mgmt or this company that produces gold. someone else will and it will be without us. we will be eliminated from the picture first.

i hope i am wrong though so i can reap the rewards of my patience, now at 5 yrs.
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nobody3

03/05/11 1:53 PM

#36540 RE: chloebware #36535

i dont know how you can say that. they wouldent go through all the trouble the the years. they are just very slow at it.
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foxwoodsfan

03/05/11 2:14 PM

#36548 RE: chloebware #36535

They have already "produced" gold from this project, they have invested over 6 million in "producing" a state of the art alluvial mining facility, they have "produced" business plan updates and material events via SEC filings, they have "produced" some recent smart buiness deals to pre-pay royalties and settle litigation while minimizing dilution.....unfortunately they have also "produced" doubt in investors along the way as to their ability to get this project into full production.....it's going to come to head in the very near future, but there is no doubt that they are a "producing" entity compared to other, many other companies (including the majority of junior mining companies).....if they have gone through all this process and effort just to position the project for acquisition then so be it.....with the facility built and fine tuned to maximum efficiency and with the "estimated, potential, probable" resources, either way shareholders will get their well deserved profits.....it's just a matter of time