Ann: Quarterly activities report , page-38

Timber, the whole project has been one big stuff up with the original time frame for having the plant up and running was about 18 months ago.

The equipment has been one problem after another, with excuse after excuse. It seems the technical side has been totally overlooked when you view the issues they have.Totally out of their depth with personnel and having the right people on the ground and right advice.

They have been here for a decade and it was a former mine already. Pudgy ore, silt at the bottom , just shows they didnt have the expertise to forsee this, even thou it was a former mine with history and known for the rainfall.

Its not even a one off problem with Siana. Mapawa was promised as bigger and better and once again another stuff up, with the resource now not proven up and results never delivered after capital raising for this years ago.
Public realtions is non existant. Updates are mainly left to quarterlies and when ever share holders are told the problems are rectified. another bleep pops up on the radar.

Market will now wait 6 months to see if they can at least get thru one quarter in a positive way. Price down over 15% percent today and if gold falls at all, the price will just keep tumbling. Sad, when the prospect on cost is good.

Instos will be shortening it to make some money or dumping stock . Consolidation didnt bring in North American Funds as promised. Divendends have been canned for now and Management are left unaccountable but employed, while share holders who invested in good faith on what they were told after each announcement are lefted in a stock that under peforms, when gold should be lining their pockets.