accumulation, page-34

Mundo (World)minerals has gold fever, they keep digging in a brazilian pit that has low yeilding ore to make it worthwhile. (The purchase of 2 x 30 t dump trucks has made no difference) With gold fever there is this feeling that next day will bring success, but the bottomless pit just gets deeper. If gold had remained at $ 1000 as it was 2 years ago, when the Brokers were touting this gold miner as a winner, they would now be not minning, as for Peru, an even more difficult place to operate than Brazil,If it is so good in Peru, how come Anglo have not jumped in on it???