KRM 2.94% 3.3¢ kingsrose mining limited

Kingsrose,All I was saying is that there KRM is a different...

  1. 150 Posts.
    Kingsrose,

    All I was saying is that there KRM is a different beast to MML in the first instance. Dont forget, MML had it fair share of problems when it first started. Only recently has it been able to produce at a consistent level worthy of being classified as a producer. The jury to take it to the next level for MML is still out!!

    I'll be very surprised if production for kRM will be achieved in 1st qtr 2010. Start up is risky business, especially with a 2nd hand plant!!!

    It would NOT surprise me if they ran out of money and came back to the market with a rattling tin can.

    Perhaps the thing that worries me most, is exactly how much gold in terms of resources (whether it be indicated or inferred) do they actaully have?? I cant see it in the quarterly??

    It is fine to say, production will commence at such and such a time but what is the plan going forward??
 
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