Sleeping giant., page-2

Yeah but it's failed to live up to its potential for years.

What's holding this back are the following factors:

1. Upgrade works to increase production are burning cash and taking longer than expected.

2. Ms Lopez is in charge of mining licenses now and is basically anti mining. Meaning sovereign risk is now an issue. And not a small one.

3. Exploration on other mines is not great as permission to mine may now not be granted.

4. It is basically a one mine company now.

5. We are hostage to the gold price. With our AISC now quite high we need it to go up to make money.

Apart from all that everything is quite rosy! Seriously though, what we really need is 4 quarters of management delivering on their promises. If they do that then this could be $1.50 within a year.

The problem is that they just haven't done that in the last few years.