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Bang Bang

09/11/12 8:42 AM

#98094 RE: Think or Swim #98093

What do you mean "production restart"? Production was never stopped, as far as we know. Do you have info that states otherwise?
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nobody3

09/11/12 9:20 AM

#98097 RE: Think or Swim #98093

this is the same thing that happend last time.only this time they have a working mill. they may not be pumping out massive amounts of gold,but they are mining. i expect a run back to close to the high. just based on that but this time with out crash back down to the lows. they way they are mining they should show an increase Q after Q after q for many q. they stock price should follow. may not be fast but up/up
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foxwoodsfan

09/11/12 9:30 AM

#98099 RE: Think or Swim #98093

Honestly I did not expect them to engage in another round of irresponsible financing because I thought that the Nevada Rae Gold mining operation would be sustainable at this point. if it were they would be able to get much better financing terms and actually advance other projects. It is what it is, I guess they are doing what they have to to survive, they have over 10 million invested into the operation and have taken on a large ammount of new debt so they better have it right. 2012 "should have" been their start up year with a full season of production mining with a real shot at making their repeated yearly production goals, clearly it won't be. They're almost a year behind their milestone schedule.