so it's your opinion that because you see a picture of some quartz - that all the gold is just sitting there with it! If only it was that simple! It will cost money to extract all that quartz and mill it - the balance of probabilities says that (and has been the case thus far) that it will cost management more to produce whatever gold there is than they receive for it. The problem/question is how much longer can this be done with limited capital? If they raise more capital at these new lows - it will be incredibly dilutive. If the major shareholder lends the money to the company (again) - then it will be back in debt again! Unfortunately it looks like management are running the company on hope! (PS - Don't want to start WWIII over this - just want to generate a balanced approach to the current issues confronting the company.)
ORS Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held
